The Board of Directors of the Company approved a First Interim Dividend at the rate of 100% per share (Rs. 1 per share on the face value of equity shares of Rs 1) to the eligible shareholders.
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The Board of Nicco Parks & Resorts Ltd, at its meeting on August 12, 2025, approved a first interim dividend of 100% (Rs. 1 per share) on equity shares with a face value of Rs. 1 each, for the quarter ended June 30, 2025. The record date for the dividend has been fixed as August 22, 2025. The company expects to pay the dividend to eligible shareholders on or before September 10, 2025. Additionally, the Board approved the unaudited standalone and consolidated financial results for Q1 FY26. Nicco Parks is a joint sector company with the Government of West Bengal, operating amusement parks.
Shareholders holding shares as of August 22, 2025 (record date) will receive a Rs. 1 dividend per share within about three weeks, providing a small cash return. Since the dividend is on a low face value of Rs. 1, the actual yield depends on the current market price and is unlikely to be material to the stock price.