Announced Fri, 23 May · 15:47 IST

The Board of Directors at their Meeting held on 23.05.2025 have recommended a Dividend of Rs.10/- (10%) per Equity Share of Rs.100/- each for the year ended 31.03.2025.

Corporate Actions View source PDF

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AI summary

The Board of Directors of Lakshmi Engineering and Warehousing Ltd, at their meeting held on 23.05.2025, recommended a dividend of Rs. 10/- (10%) per equity share on shares having a face value of Rs. 100/- each, for the financial year ended 31.03.2025. The announcement was made under Regulation 30(4) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company, based in Coimbatore, operates warehousing rental services and engineering services. The dividend is subject to approval by shareholders at the upcoming annual general meeting.

Likely market impact

Shareholders holding shares as on the record date will receive Rs. 10 per share as dividend. The actual yield cannot be determined without the current market price; investors should compare it against the prevailing share price to assess attractiveness.