Board of Directors have recommended Final Dividend of Rs. 0.05 (0.5%) Per equity share for the year ended 31st March, 2025 subject to the approval of shareholders.
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Awaiting price reaction for this filing.
KMS Medisurgi's Board has recommended a final dividend of Rs. 0.05 per equity share (0.5%) for the financial year ended March 31, 2025, subject to shareholder approval. The company has fixed Tuesday, September 23, 2025 as the Record Date to determine eligible members, and the Register of Members will remain closed from September 24 to September 30, 2025. The 27th Annual General Meeting is scheduled for Tuesday, September 30, 2025 at 3:00 p.m. at the registered office in Mumbai. The Board also approved the Directors' Report, audited financial statements, and Secretarial Audit Report for FY 2024-25, and recommended the appointment of a new Secretarial Auditor for five years.
The dividend is very small at just 0.5% per share, which is unlikely to meaningfully impact shareholder returns or drive any significant stock price movement. This appears to be a routine, token dividend declaration.