KRITINUTNSEKriti Nutrients LimitedHighPositive
Announced Sat, 8 Nov · 20:51 IST

Kriti Nutrients Limited has informed the Exchange about General Updates Corporate Announcement-Approval and Payment of Interim Dividend of Rs. 3/- (i.e. 300%) on the 5,01,03,520 Equity Shares of Re. 1/- each for the Financial Year 2025-26

Corporate Actions View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Kriti Nutrients Limited has approved an interim dividend of Rs. 3 per equity share, which works out to 300% on the face value of Re. 1 per share. The dividend will be paid on 5,01,03,520 equity shares, meaning a total cash outflow of approximately Rs. 15.03 crore for the company. This dividend is being declared for the financial year 2025-26. The record date for determining eligible shareholders will be communicated separately by the company. This is an interim dividend, meaning a final dividend may also be declared at the end of the financial year.

Likely market impact

This is a positive development for shareholders as they will receive Rs. 3 per share as income, reflecting the company's healthy cash flow and profitability. The stock may see some short-term support, though typically the price adjusts downward by the dividend amount on the ex-date.