Hisar Metal Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2025, recommended Final Dividend of 1 per equity share.
HISARMETAL · price
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The Board of Directors of Hisar Metal Industries Limited, at its meeting held on May 28, 2025, has recommended a Final Dividend of Re. 1 per equity share for its shareholders. This is a recommendation, meaning it is subject to approval by shareholders at the upcoming Annual General Meeting. The dividend, once approved, will be paid to shareholders whose names appear on the company's register on the record date, which will be announced separately. This is a standard corporate action signalling the company's intention to return some profits to its shareholders.
For shareholders, this means a modest cash payout pending AGM approval, but the Re. 1 dividend on a small-cap stock is likely a token amount rather than a significant yield driver, so limited direct impact on share price is expected.