Mindteck (India) Limited has informed the Exchange that Board of Directors at its meeting held on May 23, 2025, recommended Final Dividend of Re. 1 per equity share.
MINDTECK · price
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The Board of Directors of Mindteck (India) Limited, at its meeting held on May 23, 2025, has recommended a Final Dividend of Re. 1 per equity share for the financial year. This is a recommendation and is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and book closure dates for determining eligibility are yet to be communicated. The dividend amount is modest, reflecting the small-cap nature of the stock.
Re. 1 per share is a nominal dividend and is unlikely to drive a meaningful re-rating of the stock. Shareholders who hold shares as of the record date (once announced) will be eligible to receive the dividend, subject to AGM approval.