Announced Mon, 21 Apr · 16:19 IST
Mahindra Logistics Limited has informed the Exchange that Board of Directors at its meeting held on April 21, 2025, recommended Final Dividend of Rs. 2.5 per equity share.
Corporate Actions View source PDF
MAHLOG · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
The Board of Directors of Mahindra Logistics Limited met on April 21, 2025, and recommended a Final Dividend of Rs. 2.5 per equity share. This is a proposal that will be placed before shareholders for their approval. The dividend will be paid to shareholders who hold shares on the record date, which will be announced separately. The total payout will depend on the company's share capital.
Likely market impact
Investors holding shares on the record date will be eligible to receive Rs. 2.5 per share as dividend income. This signals steady shareholder returns, though the absolute amount is modest.