In reference to our intimation dated 19.07.2025 - Enclosed
INDPRUD · price
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Industrial & Prudential Investment Company has fixed Tuesday, August 19, 2025 as the Record Date to identify members entitled to receive a final dividend of Rs. 110 per equity share (face value Rs. 10 each), subject to approval at the upcoming AGM on Friday, August 29, 2025. If approved, the dividend will be paid within 30 days of declaration. The Register of Members and Share Transfer Books will remain closed from August 19, 2025 to August 28, 2025 (both days inclusive) in connection with the AGM. The dividend amount is notably high relative to the face value, but the actual yield to shareholders depends on the prevailing market price.
Shareholders holding shares as of the record date (August 19, 2025) will be eligible for the Rs. 110 per share final dividend if approved at the AGM. The stock may see ex-dividend adjustments around the record date, and the announcement signals a strong cash distribution by the company for FY25.