NIBENSENIBE LimitedHighPositive
Announced Thu, 29 May · 18:32 IST

NIBE Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of 1.25 per equity share.

Corporate Actions View source PDF

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AI summary

The Board of Directors of NIBE Limited, at their meeting held on May 29, 2025, has recommended a Final Dividend of ₹1.25 per equity share for its shareholders. This is a final dividend, which would be paid in addition to any interim dividend already declared during the financial year. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The actual yield and payout impact will depend on the company's share price and total number of outstanding shares.

Likely market impact

Shareholders will receive ₹1.25 per share as final dividend once approved, providing a modest income return. The announcement reflects the company's continued practice of rewarding shareholders, though the relatively small quantum suggests a token payout rather than a major capital return event.