Indiamart Intermesh Limited has informed the Exchange about approval of final dividend of Rs. 30/- per equity share for FY 2024-25 and a special dividend of Rs. 20/- per equity share aggregating to total dividend of Rs. 50/- per equity share.
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IndiaMART InterMESH held its 26th AGM on June 16, 2025, via video conferencing, and shareholders approved all six resolutions with the required majority. The key resolution was the declaration of a final dividend of Rs. 30 per equity share plus a special dividend of Rs. 20 per share, taking the total payout to Rs. 50 per share for FY 2024-25. Other resolutions included the adoption of audited financial statements, re-appointment of Mr. Dhruv Prakash as a Director liable to retire by rotation, appointment of M/s. RMG & Associates as Secretarial Auditors, re-appointment of Ms. Pallavi Dinodia Gupta as Independent Director for five years, and appointment of Mr. Sandeep Kumar Barasia as Independent Director for three years. The e-voting results showed overwhelming approval, with 99.98% votes in favour of adopting the financials and 99.99% in favour of the dividend. Around 85% of total shareholding participated in the voting process.
Shareholders are set to receive a total Rs. 50 per share dividend, with a record date of June 9, 2025 already set. The special dividend signals strong cash generation and management's confidence, and is likely to be viewed positively by investors in the short term.