Announced Thu, 29 May · 15:08 IST

Isgec Heavy Engineering Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of Rs. 5 per equity share.

Corporate Actions View source PDF

ISGEC · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Isgec Heavy Engineering Limited's Board of Directors, at a meeting held on May 29, 2025, recommended a final dividend of Rs. 5 per equity share. This is a final dividend, which means it is over and above any interim dividend that may have been declared earlier during the financial year. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and book closure dates for the dividend have not been mentioned in this announcement.

Likely market impact

Investors holding shares by the record date will receive Rs. 5 per share, providing a modest income return. The announcement signals continued shareholder returns and stable cash flows, though the actual yield depends on the current market price.