Nitiraj Engineers Limited has informed the Exchange that Record date for the purpose of Dividend & Meeting is 16-Sep-2025.
NITIRAJ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nitiraj Engineers has fixed September 16, 2025 as the record date to determine shareholders eligible for the dividend, if declared at the upcoming AGM. The Board has recommended a dividend of ₹1.50 per equity share on a face value of ₹10, which works out to 15%, subject to shareholder approval. The 26th Annual General Meeting will be held on September 23, 2025 at 1:00 PM through virtual mode. Dividend, once approved, will be paid within 30 days from the AGM date, after applicable tax deductions at source.
Shareholders holding the stock by the record date of September 16, 2025 will be entitled to the proposed ₹1.50 per share dividend. This is a routine corporate action and the modest dividend is unlikely to cause major stock price movement on its own.