BSENational Fittings LtdHighPositive
Announced Fri, 16 May · 12:50 IST

The Board of directors at their meeting on 16.05.2025 recommended a dvidend of Re 1/- per equity share (10%) subject to the approval of shareholders at the 32nd AGM S Aravinthan Company Secretary

Corporate Actions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of National Fittings Ltd, at their meeting held on 16 May 2025, recommended a dividend of Re 1 per equity share (10% on face value of Rs 10) on 90,83,182 equity shares, amounting to a total payout of Rs 90.83 lakhs. This dividend is subject to approval from shareholders at the upcoming 32nd Annual General Meeting. The communication was signed by S. Aravinthan, Company Secretary, and filed with BSE. The company is based in Coimbatore, Tamil Nadu, and the filing was made on the same day as the board meeting.

Likely market impact

Shareholders will receive Re 1 per share if approved at the AGM; this is a modest dividend, and the actual yield on investment will depend on the current market price of the stock.