Landmark Cars Limited informed exchange regarding recommendation of Final Dividend at 10.00 % i.e. Re. 50 Paise Only per equity share of the face value of Rs. 5/- each for the financial year 2024-25, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.
LANDMARK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Landmark Cars Limited has informed the exchange that its Board has recommended a final dividend of 10% (Re. 0.50 per equity share) on shares with a face value of Rs. 5 each for the financial year 2024-25. The dividend is subject to approval from shareholders at the upcoming Annual General Meeting. The record date and payment timeline have not yet been disclosed in this filing. This is a routine declaration of a small per-share cash dividend.
The dividend amount is quite modest in absolute terms (Re. 0.50 per share) and is unlikely to meaningfully impact shareholder returns or drive a significant re-rating of the stock. Investors should wait for the AGM outcome and record date announcement for further clarity.