LAOPALANSELa Opala RG Limited· MiscellaneousHighPositive
Announced Thu, 17 Jul · 16:19 IST

La Opala RG Limited has informed the Exchange about the Date of Payment of Dividend for the financial year 2024-25.

Corporate Actions View source PDF

LAOPALA · price

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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

La Opala RG has fixed Thursday, August 7, 2025 as the record date (cut-off date) to determine shareholders eligible for the FY2024-25 dividend and the 38th Annual General Meeting. The Board, at its May 30, 2025 meeting, recommended a dividend of Rs. 7.50 per share (375%) on the face value of Rs. 2 per equity share, subject to shareholder approval. The 38th AGM is scheduled for August 14, 2025 at 12:30 PM via video conferencing. If approved, the dividend will be paid within 30 days of declaration. The Annual Report will be sent electronically to members whose email IDs are registered.

Likely market impact

Investors holding shares by the close of business on August 7, 2025 will be eligible to receive the Rs. 7.50 per share dividend, pending AGM approval. The 375% payout on face value is a strong capital return signal, likely to appeal to income-seeking shareholders and support short-term price action around the record date.