The Board of Directors at their meeting held today have inter alia approved the convening of 71st Annual General Meeting of the Company on Monday, 4th August 2025 at 2.30 pm through Video Conference (VC) or Other Audio Visual Means (OAVM). The Register of Members and the Share Transfer Books of the Company will remain closed from Saturday, 26th July 2025 to Monday, 4th August 2025 (both days inclusive) for taking record of the Members of the Company for the purpose of the 71st AGM
JSWDULUX · price
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Akzo Nobel India (maker of Dulux Paints) announced FY25 results with revenue of Rs. 4,091.2 crore, up 3% year-on-year, while net profit was largely flat at Rs. 428.6 crore. Q4 FY25 revenue rose 5% to Rs. 1,022.1 crore, though profit after tax slipped about 1% to Rs. 107.5 crore. The Board has recommended a final dividend of Rs. 30 per share, taking total FY25 dividend to Rs. 100 per share, higher than Rs. 75 paid in FY24. The company is selling its Powder Coatings division and International Research Center to a related party of parent Akzo Nobel N.V. for Rs. 20,730 million and Rs. 700 million respectively, with completion expected by December 31, 2025. The 71st AGM is set for August 4, 2025 via video conference, with July 25, 2025 fixed as the record date for the final dividend.
The 33% jump in total dividend to Rs. 100 per share is a clear positive for shareholders, while the flat full-year profit and modest Q4 softness may limit upside. The sale of two non-core divisions to the parent group sharpens focus on the core paints business but is a related-party transaction worth tracking.