In reference to our intimation dated 19.07.2025, this is to further inform that the share transfer books and register of members shall remain closed from Tuesday, 19th August, 2025 till ....
INDPRUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Industrial & Prudential Investment Company has fixed Tuesday, August 19, 2025 as the record date to identify shareholders entitled to a final dividend of Rs. 110 per equity share (face value Rs. 10 each), subject to approval at the AGM. The Annual General Meeting is scheduled for Friday, August 29, 2025, where the dividend will be formally declared. The Register of Members and Share Transfer Books will remain closed from August 19, 2025 to August 28, 2025 (both days inclusive) for AGM purposes. If approved, the dividend will be paid within 30 days of declaration. This filing is a follow-up to the company's earlier intimation dated July 19, 2025, providing formal confirmation of the dates and dividend amount.
The dividend of Rs. 110 on a Rs. 10 face value share is exceptionally high, making this a notable event for shareholders who must hold shares by the August 19, 2025 record date to be eligible. The stock is likely to trade ex-dividend shortly before the record date, which could weigh on the share price in the short term.