HERITGFOODNSEHeritage Foods Limited· Food And Food ProcessingHighPositive
Announced Fri, 16 May · 17:43 IST

Heritage Foods Limited has informed the Exchange that Record date for the purpose of Dividend is 23-Jul-2025.

Corporate Actions View source PDF

HERITGFOOD · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Heritage Foods Limited's Board of Directors, at its meeting on May 16, 2025, has recommended a final dividend of Rs. 2.50 (50%) per equity share on the face value of Rs. 5 each for the financial year 2024-25. This is subject to approval by shareholders at the upcoming 33rd Annual General Meeting. The record date has been fixed as 23-Jul-2025 to determine shareholders eligible for the dividend. If approved, the dividend will be paid on Thursday, August 7, 2025, after deducting tax at source as applicable.

Likely market impact

Investors who hold Heritage Foods shares on or before the record date of 23-Jul-2025 will be eligible to receive the dividend. Given the relatively small dividend amount versus the company's share price, the yield impact per share is modest, but it signals steady returns to shareholders and consistent capital allocation by the company.