The Board of Directors in their meeting held on May 22, 2025 has recommended a final dividend of ? 19/- per equity share subject to approval of the members in their 40th Annual General ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors, at its meeting held on May 22, 2025, has recommended a final dividend of ₹19 per equity share for the financial year ended March 31, 2025. The dividend is subject to approval from shareholders at the company's 40th Annual General Meeting scheduled for Thursday, August 21, 2025. The company is a subsidiary/associate of Morgan Advanced Materials, operating in the molten metal systems space. The dividend will be paid to shareholders whose names appear on the register on the record date (to be notified separately).
A ₹19 per share dividend rewards existing shareholders with regular income, though the actual yield depends on the current share price. This signals steady profitability and a shareholder-friendly capital allocation policy by the Board.