BSENorthern Spirits LtdHighPositive
Announced Thu, 28 Aug · 18:12 IST

Submission of communication in furtherance to the communication dated 25.08.2025 with regard to the fixation of record date for the purpose of dividend.

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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

Northern Spirits Ltd has confirmed Friday, 12th September 2025 as the record date for the purpose of its final dividend for FY 2024-25. Shareholders whose names appear in the company's register of members on that date will be entitled to the dividend. The dividend amount is Rs. 0.30 per equity share (face value Rs. 10), which translates to 3% on face value. The dividend is subject to declaration at the company's upcoming 13th Annual General Meeting. This filing is a follow-up to an earlier communication dated 25th August 2025 and serves to clarify the record date.

Likely market impact

The dividend is modest at 3% on face value (Rs. 0.30 per share on Rs. 10 face value), which is likely to result in a very low dividend yield for shareholders. Investors holding shares as of 12th September 2025 will qualify to receive the dividend, provided it is approved at the AGM.