MODISON LIMITED has informed the Exchange that Record date for the purpose of Dividend is 02-Sep-2025.
MODISONLTD · price
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Modison Limited has fixed Tuesday, September 02, 2025, as the record date to identify shareholders entitled to receive the dividend for FY 2024-25. The Board has recommended a dividend of 200%, which works out to Rs. 2 per equity share on the Rs. 1 face value, subject to shareholder approval at the 42nd AGM scheduled for September 9, 2025. The dividend, if approved, will be paid on or after Friday, September 12, 2025, after applicable tax deduction at source. The same date has also been set as the cut-off date for determining members eligible to vote at the AGM.
Shareholders who hold Modison shares by the end of September 2, 2025 will be eligible for the Rs. 2 per share dividend. The ex-date will likely fall shortly before the record date, so investors need to buy before that to qualify. The actual dividend yield depends on the prevailing share price and cannot be confirmed from this filing alone.