The Board has recommended a final dividend @110% for the F.Y. 2024-25
NIRLON · price
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Nirlon Ltd's Board of Directors, at a meeting held on May 21, 2025, has recommended a final dividend of Rs. 11.00 per equity share on the face value of Rs. 10 each, which translates to 110% for the financial year 2024-25. The dividend is subject to approval from shareholders at the company's upcoming 66th Annual General Meeting. The Board meeting was brief, lasting from 1:20 p.m. to 1:45 p.m. IST. No record date or payment timeline has been announced yet in this filing.
Shareholders will receive Rs. 11 per share if the dividend is approved at the AGM, providing a steady income payout. The healthy 110% dividend on face value signals continued profitability and a shareholder-friendly return policy, which may support the stock's appeal to income-focused investors.