Indoco Remedies Limited has informed the Exchange that Record date for the purpose of Dividend is 04-Sep-2025.
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Awaiting price reaction for this filing.
Indoco Remedies has fixed Thursday, September 4, 2025 as the record date to identify shareholders eligible for the final dividend of Rs. 0.20 per equity share for FY2024-25. The final dividend was recommended by the Board on May 22, 2025 and is subject to shareholder approval at the 78th AGM scheduled for September 11, 2025. The Register of Members and Share Transfer books will remain closed from September 5 to September 11, 2025. If approved, the dividend (after tax deduction at source) will be paid within 30 days of the AGM. The same date also serves as the cut-off for remote e-voting and e-voting during the AGM.
This is a routine procedural filing confirming eligibility criteria and timelines for the final dividend and AGM. The Rs. 0.20 per share dividend is modest and unlikely to be a major catalyst for the stock. Shareholders holding shares before September 4, 2025 will be entitled to receive the dividend upon approval.