Max Healthcare Institute Limited has informed the Exchange that Record date for the purpose of Dividend is 04-Jul-2025.
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Max Healthcare Institute has fixed Friday, July 4, 2025, as the record date to determine shareholders eligible for the final dividend for FY 2024-25. The Board has recommended a final dividend of Rs. 1.50 per equity share (face value Rs. 10), which is a 15% dividend on face value, subject to shareholder approval at the 24th AGM scheduled for July 30, 2025. The announcement also details the TDS provisions applicable to resident and non-resident members, including rates and documentation requirements. Members must submit relevant forms and documents to the RTA (MUFG Intime) by July 10, 2025.
Shareholders holding Max Healthcare shares as of the July 4, 2025 record date will be entitled to the Rs. 1.50 per share final dividend once approved at the AGM. The stock may see some interest from dividend-seeking investors approaching the record date, though the dividend yield depends on the prevailing market price.