LUXINDNSELux Industries LimitedHighPositive
Announced Fri, 23 May · 17:40 IST

Lux Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 23, 2025, recommended Final Dividend of 2 per equity share.

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Lux Industries Limited has announced that its Board of Directors, at a meeting held on May 23, 2025, recommended a Final Dividend of ₹2 per equity share for its shareholders. The final dividend is subject to shareholder approval at the upcoming Annual General Meeting. The record date and book closure dates for determining eligible shareholders are typically announced separately. This is a routine corporate action reflecting the company's profit-sharing policy with shareholders.

Likely market impact

Shareholders holding Lux Industries shares as of the record date will receive ₹2 per share as dividend income. The stock price may adjust slightly on the ex-dividend date as the dividend value is factored out of the share price.