Kalyani Steels Limited has informed the Exchange about Copy of Newspaper Publication
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Kalyani Steels Limited has published a newspaper notice informing shareholders that its 52nd Annual General Meeting will be held on Friday, August 22, 2025 at 11:00 a.m. (IST) through video conferencing, without a physical venue. The Board, at its meeting on May 5, 2025, had recommended a dividend of Rs. 10 per equity share of Rs. 5 face value, which works out to 200%, and the company has fixed Monday, August 11, 2025 as the record date to determine shareholder eligibility. Dividend payment will be made on or before Tuesday, September 2, 2025, through electronic mode to shareholders whose bank details are registered with the RTA (MUFG Intime India Private Limited). Electronic copies of the AGM Notice and Annual Report for FY 2024-25 will be sent via email and uploaded on the company and stock exchange websites, with remote e-voting and e-voting during AGM available to shareholders. Tax will be deducted at source on the dividend as per the Income Tax Act, and shareholders have been asked to update their PAN, residential status and bank details with their depositories or the RTA.
The confirmed 200% dividend (Rs. 10 per share) is a positive signal for income-focused shareholders. Investors should ensure their holdings are recorded by the August 11, 2025 record date and update KYC/bank details to avoid delays in receiving dividend payments.