GMDCLTDNSEGujarat Mineral Development Corporation Limited· MiningMediumPositive
Announced Mon, 8 Sept · 18:59 IST

Gujarat Mineral Development Corporation Limited has informed the Exchange that Record date for the purpose of Dividend is 18-Sep-2025.

Corporate Actions View source PDF

GMDCLTD · 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

GMDC has notified the stock exchange that 18 September 2025 has been set as the record date to identify shareholders eligible to receive the upcoming dividend. The record date determines who will be on the company's books as shareholders on that day and therefore entitled to the dividend payout. The announcement does not mention the actual dividend amount per share or the dividend yield. Investors holding GMDC shares by the record date will qualify for the dividend.

Likely market impact

Short-term positive for shareholders as it confirms a dividend is forthcoming, but the actual financial benefit to investors depends on the dividend amount, which is not disclosed in this announcement. Share price may see minor movement around the record date.