NIRLONBSENirlon LtdHighPositive
Announced Wed, 21 May · 13:52 IST

The Board has recommended a final dividend @110% for the F.Y. 2024-25

Corporate Actions View source PDF

NIRLON · price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

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.

Likely market impact

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.