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NIRLONBSENirlon Ltd· Commercial Services & SuppliesHighPositive
Announced Wed, 21 May, 2025 · 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

NIRLON · price

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

Price reaction

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.