Manorama Industries Limited has informed the Exchange that Board of Directors at its meeting held on April 26, 2025, recommended Final Dividend of 0.60 per equity share.
MANORAMA · price
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Awaiting price reaction for this filing.
The Board of Directors of Manorama Industries Limited met on April 26, 2025, and recommended a Final Dividend of Rs 0.60 per equity share for the financial year. The dividend amount is relatively small in absolute terms and is subject to shareholder approval at the upcoming Annual General Meeting. The record date and book closure details were not included in this filing. Shareholders will need to hold the stock on the record date to be eligible for the payout.
The Rs 0.60 per share dividend is modest and is unlikely to be a major catalyst for the stock price. Investors may view it as a routine return-of-capital signal rather than a strong income opportunity.