In reference to our intimation dated 19.07.2025, the Company has fixed Tuesday, 19-08-2025 as the record date for determining the entitlement of shareholders to dividend for the FY 2024-25.
INDPRUD · price
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Industrial & Prudential Investment Company has set Tuesday, August 19, 2025 as the record date to identify shareholders eligible for the final dividend. The company has proposed a dividend of Rs. 110 per equity share on a face value of Rs. 10, which works out to a 1100% payout. The dividend, if approved at the AGM on August 29, 2025, will be paid within 30 days of declaration. The register of members and share transfer books will be closed from August 19 to August 28, 2025.
This is a very large dividend payout, which is common for investment companies that periodically distribute accumulated gains to shareholders. Shareholders on the record date will receive the full dividend, while those buying after will not. Expect stock price to adjust downward by roughly the dividend amount on the ex-date.