HONAUTNSEHoneywell Automation India Limited· Electronics - IndustrialHighPositive
Announced Tue, 13 May · 18:15 IST

Honeywell Automation India Limited has informed the Exchange that Board of Directors at its meeting held on May 13, 2025, recommended Final Dividend of Rs. 105 per equity share.

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AI summary

Honeywell Automation India's Board of Directors, at its meeting on May 13, 2025, approved the audited financial results for FY ended March 31, 2025, with statutory auditors issuing an unmodified opinion. The Board also recommended a final dividend of Rs. 105 per equity share, which is 1,050% of the face value of Rs. 10. This dividend is subject to shareholder approval at the upcoming Annual General Meeting. The Board meeting ran from 4:10 p.m. to 6:00 p.m., and the results have been filed with both NSE and BSE.

Likely market impact

The Rs. 105 dividend reflects a strong payout to shareholders, though given HONAUT's high share price (typically above Rs. 40,000), the dividend yield remains modest. The clean audit report and continued dividend declaration signal financial stability, which is generally positive for long-term shareholders.