Mazagon Dock Shipbuilders Limited has informed the Exchange regarding 'Declaration of the Final Dividend for the Financial Year 2024-25 at the 92nd AGM of the Company held on 26.09.2025'.
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On the reaction day the stock moved 0.4 pts more than Nifty 100 and 0.5 pts more than its Industrial Manufacturing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mazagon Dock Shipbuilders informed the exchanges that its shareholders approved a final dividend of ₹2.71 per equity share (face value ₹5) at the 92nd AGM held on 26 September 2025. This translates to a dividend payout of 54.2% for the financial year ended 31 March 2025. The company stated that the dividend will be paid to eligible shareholders within 30 days from the date of the AGM. The update follows an earlier communication dated 29 May 2025 regarding the dividend proposal.
This is a routine confirmation of a dividend that was already proposed earlier; eligible shareholders will receive ₹2.71 per share within 30 days, though the dividend yield appears modest given the stock's price level.