Hindustan Aeronautics Limited has informed the Exchange regarding 'Dividend Updates'.
HAL · price
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Awaiting price reaction for this filing.
HAL has informed exchanges about its final dividend of Rs.15 per equity share (on a face value of Rs.5 each), which translates to 300%, for the financial year 2024-25. This dividend was recommended by the Board on 27th June 2025 and is subject to shareholder approval at the upcoming Annual General Meeting. The filing primarily serves as a tax-related reminder, informing shareholders that dividends will be taxable in their hands and TDS will be deducted at source. Shareholders seeking tax exemption must submit relevant documents to the company's Registrar (KFin Technologies) by 21st August 2025. Fresh documents must be submitted for each dividend event; older submissions will not be considered.
This is a procedural/communication filing rather than a new dividend declaration - the dividend itself was already announced on 27th June. At current market price levels, the Rs.15 dividend translates to a yield well below 1%, so it is unlikely to drive significant stock price movement. Shareholders should note the 21st August 2025 deadline to submit tax exemption forms to avoid higher TDS deduction.