MPHASISNSEMphasiS Limited· Computers - SoftwareHighPositive
Announced Fri, 25 Apr · 24:42 IST

MphasiS Limited has informed the Exchange that Board of Directors at its meeting held on April 24, 2025, recommended Final Dividend of Rs. 57 per equity share.

Corporate Actions View source PDF

MPHASIS · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of MphasiS Limited, at its meeting held on April 24, 2025, has recommended a Final Dividend of Rs. 57 per equity share for the financial year. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and payment date will be announced separately by the company. MphasiS is a mid-sized IT services company listed on NSE and BSE, majority-owned by Blackstone.

Likely market impact

This is a positive signal for shareholders, reflecting the company's healthy cash generation and consistent shareholder reward policy. Final dividend declarations are typically accompanied by the company's annual earnings results, which could drive near-term stock movement.