MONTECARLONSEMonte Carlo Fashions LimitedHighPositive
Announced Mon, 26 May · 18:24 IST

Monte Carlo Fashions Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2025, recommended Final Dividend of 20 per equity share.

Corporate Actions View source PDF

MONTECARLO · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Monte Carlo Fashions Limited, at its meeting held on May 26, 2025, has recommended a Final Dividend of Rs. 20 per equity share for the financial year. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and book closure dates for determining eligible shareholders would be communicated separately. The final dividend, if approved, will be paid to shareholders who hold shares on the record date. This is the final tranche and would be over and above any interim dividend already paid during the year.

Likely market impact

A Rs. 20 final dividend signals steady returns for shareholders and reflects management's confidence in cash flows, though the actual yield depends on the current share price.