Pursuant to intimation dated 27.05.2025, the final dividend as declared by the Board of Directors, if approved by the members shall be paid within 30 days of declaration as governed by ....
INDPRUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The company has fixed Tuesday, August 19, 2025 as the Record Date to identify members entitled to the final dividend. The dividend amount is Rs.110 per equity share on a face value of Rs.10 each, translating to 1100% per share. The Annual General Meeting is scheduled for Friday, August 29, 2025, where members will approve the dividend. Once approved, the dividend will be paid to eligible shareholders within 30 days of the AGM declaration. This filing follows the board's earlier recommendation made on May 27, 2025.
Shareholders holding the stock as of August 19, 2025 stand to receive a very large dividend payout (Rs.110 per share), pending AGM approval. The unusually high payout suggests the company is distributing accumulated profits or reserves, which is positive for income-focused investors but may limit reinvestment in the business.