Indigo Paints Limited has informed the Exchange that Board of Directors at its meeting held on May 24, 2025, recommended Final Dividend of 3.50 per equity share.
INDIGOPNTS · price
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Indigo Paints' Board of Directors, at its meeting held on May 24, 2025, has recommended a final dividend of ₹3.50 per equity share for the financial year ended March 31, 2025. This final dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM). Once approved, the company will announce a record date to determine which shareholders are eligible to receive the payout. The dividend will be paid to shareholders whose names appear in the company's register on the record date.
For shareholders, this means a small cash payout in addition to any interim dividend already declared during the year. Given Indigo Paints' share price trades in the ₹1,400–1,500 range, the ₹3.50 dividend translates to a yield of roughly 0.25%, which is modest and unlikely to move the stock price meaningfully on its own.