Announced Fri, 23 May · 16:59 IST

Board of Directors approved the dividend of 50% (Rs. 5/- per fully paid up equity share of Rs. 10/- each

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

India Gelatine & Chemicals Ltd's board met on May 22, 2025 and approved audited financial results for Q4 and full year ended March 31, 2025, with an unmodified audit opinion. The board recommended a final dividend of 50%, which works out to Rs. 5 per equity share on the Rs. 10 face value, subject to shareholder approval at the upcoming AGM. The meeting also covered the appointment of a scrutinizer for AGM e-voting, re-appointment of Mr. Annamalai Sankaralingam as a non-executive non-independent director, and appointment of M/s Samdani Shah & Kabra as secretarial auditor for five years. The board meeting ran from 11:00 AM to 5:15 PM.

Likely market impact

The Rs. 5 per share dividend rewards shareholders, though actual yield depends on the current market price. The clean audit opinion and routine governance appointments are neutral signals with no negative implications flagged in this filing.