Phoenix Township Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/05/2025 ,inter alia, to consider and approve Update on board meeting Intimation ....
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Awaiting price reaction for this filing.
Phoenix Township Limited has informed BSE that the Board of Directors meeting originally scheduled for May 23, 2025 will now also consider the declaration of a final dividend for FY 2024-25, in addition to the previously announced agenda of approving Audited Standalone and Consolidated Financial Results for Q4 and full year ended March 31, 2025. This is an update to the company's earlier intimation dated May 16, 2025. The company is part of the HBG Business Group, which operates hotels under brands such as Park Inn by Radisson and Phoenix Island Resort. No financial numbers or outcomes have been disclosed yet, as the meeting is yet to take place.
Investors should watch for the upcoming Q4 FY25 audited results and any declared final dividend, which would be the key takeaways from this board meeting. The addition of a dividend agenda item is generally a positive signal for shareholders, subject to the actual quantum being approved.