Geekay Wires Limited has informed the Exchange that Record date for the purpose of Dividend is 19-Sep-2025.
GEEKAYWIRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Geekay Wires' Board of Directors met on August 16, 2025, and approved several key items. The Board recommended a final dividend of Rs. 0.65 per equity share for FY 2024-25, subject to shareholder approval. The Board also approved a sub-division (stock split) of equity shares from face value of Rs. 2 each into 2 equity shares of Rs. 1 each, aimed at enhancing liquidity and making shares more affordable for small investors. The 36th AGM is fixed for September 26, 2025, with the record date set as September 19, 2025, and book closure from September 20-26, 2025. Additionally, the Board approved the re-appointment of Mr. Ashish Kandoi as a retiring director, appointed various auditors, and approved a material related party transaction with Geekay Wires Limited (USA).
The stock split will double the number of shares held by each shareholder and halve the per-share price, potentially improving liquidity and retail participation. The Rs. 0.65 dividend provides a steady income return to shareholders, though the stock split and dividend are both subject to approval at the upcoming AGM on September 26, 2025.