BSEGrovy India LtdMediumPositive
Announced Tue, 9 Sept · 22:08 IST

Final Dividend for Fy 2024-25.

Corporate Actions View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Grovy India Ltd has announced a final dividend of Re 0.10 per equity share (1% on face value of Rs. 10) for the financial year ended March 31, 2025. The dividend was recommended by the Board of Directors at their meeting held on September 4, 2025, and is subject to shareholder approval at the upcoming Annual General Meeting. The company has fixed Tuesday, September 23, 2025, as the Record Date to determine which shareholders are eligible to receive the dividend. The filing was made under SEBI LODR Regulations, 2015, to inform the stock exchange of the record date.

Likely market impact

This is a very small absolute dividend payout (just 10 paise per share) and is unlikely to materially impact the stock price or provide meaningful income to shareholders. The real yield depends on the company's current market price, but the small absolute amount suggests this is largely a token or compliance-related distribution rather than a significant shareholder return event.