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.
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On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 1.6 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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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.
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.