IVCNSEIL&FS Investment Managers Limited· FinanceHighPositive
Announced Thu, 29 May · 16:17 IST

IL&FS Investment Managers Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of Rs. 0.28 (28 paise) per equity share.

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Awaiting price reaction for this filing.

AI summary

The Board of Directors of IL&FS Investment Managers Limited, at its meeting held on May 29, 2025, has recommended a Final Dividend of Rs. 0.28 (28 paise) per equity share. This is a final dividend, meaning it is paid in addition to any interim dividend declared earlier in the financial year. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. The record date for determining eligible shareholders will be announced separately.

Likely market impact

The dividend amount is modest, and shareholders should check the company's current share price to assess the effective dividend yield. A final dividend declaration generally signals stable cash flow but the small payout size suggests limited income impact for investors.