Gloster Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of Rs. 20 per equity share.
GLOSTERLTD · price
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The Board of Directors of Gloster Limited met on May 29, 2025 and recommended a Final Dividend of Rs. 20 per equity share for shareholders. This is a recommendation by the Board and will need to be approved by shareholders at the upcoming Annual General Meeting. The dividend, once approved, will be paid to shareholders whose names appear on the register as on the record date (to be announced separately). Final dividends are paid out of the company's profits for the financial year and are typically reflected as cash income for investors.
Positive for shareholders in terms of expected cash inflow, subject to AGM approval. Investors should watch for the record date announcement to confirm eligibility, as the stock may trade ex-dividend around that time.