MOIL Limited has informed the Exchange that Board of Directors at its meeting held on April 30, 2025, recommended Final Dividend of 1.61 per equity share.
MOIL · price
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MOIL Limited has informed the stock exchange that its Board of Directors, at a meeting held on April 30, 2025, recommended a Final Dividend of ₹1.61 per equity share. This is a final dividend, typically paid in addition to any interim dividend already declared during the financial year. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. The record date and payment timeline will be communicated separately by the company.
This is a routine dividend declaration providing a modest return to shareholders. Based on the per-share figure alone, the dividend yield appears to be in the low single digits, suggesting limited immediate impact on the stock price.