Jamna Auto Industries Limited has informed the Exchange regarding 'Intimation of Record Date for payment of Final Dividend on Equity Shares for the Financial Year 2024-25'.
JAMNAAUTO · price
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On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 0.8 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Jamna Auto Industries has informed the stock exchange about the record date fixed for determining shareholders eligible to receive the final dividend on equity shares for the financial year 2024-25. Shareholders whose names appear in the company's register on the record date will be entitled to the final dividend. The company had previously declared a final dividend, and this intimation sets the cut-off date for eligibility. No details on the dividend amount per share have been mentioned in this particular filing.
Shareholders should ensure their shares are held in their demat accounts by the record date to be eligible for the final dividend. The announcement confirms the dividend is on track, which is generally positive for income-focused investors, though the specific payout quantum will determine the actual impact on the stock.