Foseco India Limited has informed the Exchange that Record date for the purpose of DI & MT is 14-May-2025.
FOSECOIND · price
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Foseco India has informed the stock exchange that the record date for the purpose of an interim dividend (DI) and a meeting (MT) has been fixed as 14-May-2025. Investors who hold shares of the company in their demat accounts on or before this date will be eligible to receive the declared interim dividend. The actual dividend amount per share is not mentioned in this particular filing. A record date simply establishes who qualifies for the corporate action, and the payment typically follows a few weeks later. This is a routine corporate action announcement that often accompanies quarterly results or board meetings.
Shareholders holding Foseco India shares as of 14-May-2025 will be entitled to the interim dividend. The stock may see some short-term interest around the ex-date, but no price-moving surprise is expected from this filing alone.