Announced Tue, 13 May · 11:49 IST

Kanoria Energy & Infrastructure Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/05/2025 ,inter alia, to consider and approve The Board also ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Kanoria Energy & Infrastructure Ltd has informed BSE that its Board of Directors will meet on Friday, 23rd May 2025 at 3:00 PM. The main item on the agenda is to consider and approve the payment of dividend on its 5% Redeemable Preference Shares. This follows up on an earlier intimation dated 10.05.2025. The company has a registered office in Hamirgarh, Bhilwara (Rajasthan), and trades on BSE under code 539620. The dividend on preference shares is a fixed, pre-agreed obligation rather than a discretionary payout to equity shareholders.

Likely market impact

This is a routine, pre-scheduled payment on preference shares and is unlikely to materially affect the equity stock price or benefit common shareholders directly. Equity investors should not read this as a signal of an equity dividend.