Mangalam Global Enterprise Limited has informed the Exchange that Record date for the purpose of Dividend is 18-Jul-2025.
MGEL · price
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On the reaction day the stock moved 3.9 pts less than Nifty Microcap 250 and 4.2 pts less than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mangalam Global Enterprise Limited has fixed Friday, July 18, 2025, as the record date to determine shareholders eligible for the final dividend for FY 2024-25. The company has proposed a final dividend of Rs. 0.01 per equity share on a face value of Rs. 1 each, subject to approval at the 15th AGM to be held on July 30, 2025 via video conferencing. If approved, the dividend will be paid on or before August 29, 2025 to shareholders on record as of July 18, 2025. The dividend amount is very small at just 1% of face value, making it a nominal/token payout rather than a meaningful income event.
The dividend of Rs. 0.01 per share is extremely small (1% of face value) and is unlikely to have any meaningful impact on shareholder returns or stock price. It is largely a procedural compliance intimation with no significant financial signal.