MM Forgings Limited has informed the Exchange that Board of Directors at its meeting held on May 24, 2025, recommended Final Dividend of 4 per equity share.
MMFL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of MM Forgings Limited, at a meeting held on May 24, 2025, recommended a Final Dividend of ₹4 per equity share for the financial year. This recommendation is subject to approval by shareholders at the upcoming Annual General Meeting. The filing does not mention the face value of shares, the record date, or any interim dividend already paid during the year. The dividend amount reflects the company's profitability and its decision to share profits with equity shareholders.
Shareholders stand to receive ₹4 per share as dividend once approved at the AGM, providing a modest income on their holdings. The dividend payout signals that the company is in a financially healthy position and is rewarding investors, though the stock price impact on the ex-dividend date will depend on the share price at that time.