Announced Fri, 2 May · 16:02 IST
Jindal Saw Limited has informed the Exchange that Board of Directors at its meeting held on May 02, 2025, recommended Final Dividend of Rs. 2 per equity share.
Corporate Actions View source PDF
JINDALSAW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
The Board of Directors of Jindal Saw Limited, at its meeting held on May 2, 2025, has recommended a final dividend of Rs. 2 per equity share (face value Re. 1 each) for the financial year ended March 31, 2025. The dividend is subject to approval by the company's members. The board meeting ran from 12:30 p.m. to 3:05 p.m.
Likely market impact
Shareholders will receive Rs. 2 per share as a final dividend once approved at the AGM, providing a direct cash return. The market reaction will depend on the current share price and comparison with last year's dividend, which is not disclosed in this filing.