NIBENSENIBE LimitedHighPositive
Announced Thu, 29 May · 19:19 IST

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

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NIBE Limited's Board of Directors, at a meeting held on May 29, 2025, has recommended a Final Dividend of Rs. 1.25 per equity share. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The company has not yet announced the record date or payment timeline in this filing. Investors holding shares as of the record date would be eligible to receive this dividend.

Likely market impact

Shareholders will receive Rs. 1.25 per share as cash dividend if approved at the AGM, providing a modest income return. The actual yield on investment will depend on NIBE's prevailing share price, which is not disclosed in this announcement.