The Board at its meeting held today, 30th May, 2025 has recommended a final Dividend of Rs. 2 per equity share of Rs. 10 each for the financial year ended 31st March, 2025, subject to Shareholders'' ....
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Joindre Capital Services Ltd announced that its Board of Directors, at a meeting held on 30th May 2025, has recommended a final dividend of Rs. 2 per equity share on a face value of Rs. 10 each for the financial year ended 31st March 2025. This translates to a 20% dividend on the face value of the shares. The dividend is subject to approval from shareholders at the upcoming Annual General Meeting. The company, listed on BSE (Scrip Code: 531861), is registered with SEBI for cash, derivatives, and currency derivatives segments and also operates as a depository participant and portfolio manager.
Shareholders holding shares as of the record date (to be announced) will receive Rs. 2 per share as dividend once approved at the AGM. The 20% dividend on face value is a generous payout and is a positive signal for income-focused investors, though the actual yield on market price depends on the current share price.