Dear sir/Madam, PFA disclosure regarding recommendation of divided as outcome of Board Meeting along with Book Closure and Record Date.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indus Finance Ltd's board, at its meeting on 27th May 2025, approved audited financial results for Q4 and FY ending 31st March 2025, with the auditor issuing an unmodified (clean) opinion. Total income for FY25 rose to Rs. 579.25 lakhs from Rs. 398.99 lakhs in FY24, and net profit grew to Rs. 103.65 lakhs (EPS Rs. 1.12) from Rs. 74.99 lakhs (EPS Rs. 0.81) a year earlier. The board recommended a final dividend of Rs. 0.50 per equity share (face value Rs. 10) for FY25, subject to shareholder approval. The 34th AGM is scheduled for 23rd July 2025 via video conferencing, with the register of members closed from 17th July to 23rd July 2025, and the record date set as 11th July 2025. Several leadership changes were also announced, including a new Managing Director, a re-appointed Independent Director, and a new CEO.
Profit growth of roughly 38% year-on-year and a steady dividend of Rs. 0.50 per share are mildly positive signals for shareholders, though the absolute dividend is small. The clean audit opinion and leadership continuity/reinforcement support investor confidence, but the company remains a small NBFC, so the stock reaction will depend on the dividend yield relative to its current market price.