NIRLONBSENirlon LtdHighPositive
Announced Wed, 21 May · 14:08 IST

THE BOAR DOF DIRECTORS HAVE APPROVED AND MADE A RECOMMENDTION A FINAL DIVIDEND OF RS. 11.00/ ( @110% ) FOR THE F.Y.2024-25 SUBJECT TO SHAREHOLDERS'' APPROVAL AT THEIR 66TH AGM TO BE HELD

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Nirlon Ltd, at its meeting held on May 21, 2025, has recommended a final dividend of Rs. 11.00 per equity share (110% on face value of Rs. 10) for the financial year 2024-25. This dividend is subject to approval from shareholders at the company's upcoming 66th Annual General Meeting. The board meeting was short, lasting only about 25 minutes (1:20 PM to 1:45 PM IST). No record date has been mentioned in this filing.

Likely market impact

If approved by shareholders, eligible investors will receive Rs. 11 per share held. This is a positive return signal, though the actual yield depends on the current share price which is not provided in this filing.