Gujarat Industries Power Company Limited has informed the Exchange regarding 'Record Date' i.e. 12th September 2025, for determining the entitlement of Members for payment of Dividend, if approved at the 40th Annual General Meeting
GIPCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gujarat Industries Power Company Limited (GIPCL) has fixed 12th September 2025 as the record date to identify shareholders eligible for the proposed dividend. The company is proposing a dividend of Rs. 4.09 per equity share for the financial year 2024-25, subject to shareholder approval at the upcoming 40th Annual General Meeting scheduled for 20th September 2025. The Register of Members and Share Transfer Books will remain closed around the record date for processing the dividend entitlement. Shareholders who hold shares on or before the record date will be eligible to receive the dividend, if approved.
This is a positive signal for income-focused investors, indicating the company is returning profits to shareholders. Investors must hold the stock by 12th September 2025 to qualify for the Rs. 4.09 per share dividend, pending AGM approval.