NITIRAJNSENitiraj Engineers LimitedHighPositive
Announced Thu, 29 May · 17:06 IST

Nitiraj Engineers Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of 1.5 per equity share.

Corporate Actions View source PDF

NITIRAJ · 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

The Board of Directors of Nitiraj Engineers Limited, at its meeting held on May 29, 2025, has recommended a Final Dividend of ₹1.5 per equity share for its shareholders. The final dividend is subject to approval by the shareholders at the upcoming Annual General Meeting. The exact record date and payment timeline would typically be communicated separately by the company.

Likely market impact

This is a modest dividend payout that rewards shareholders with cash returns. The actual yield impact on the stock price depends on the company's current share price; investors should wait for the record date announcement to know eligibility.