India Tourism Development Corporation Limited has informed the Exchange that Board of Directors at its meeting held on May 30, 2025, recommended Final Dividend of Rs. 2.90 per equity share.
ITDC · price
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The Board of Directors of India Tourism Development Corporation Limited (ITDC), in its meeting held on May 30, 2025, recommended a final dividend of Rs. 2.90 per equity share for the financial year. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM). Once approved, the dividend will be paid to shareholders who hold shares on the record date, which will be announced separately. This is a routine corporate action following the company's annual financial results. The final dividend payout reflects the company's profitability and cash position for the financial year.
The dividend of Rs. 2.90 per share provides a modest return to shareholders. The announcement may have a neutral to mildly positive impact on the stock price, depending on prevailing dividend yield expectations. Shareholders should watch for the record date announcement to determine eligibility.