BSENorthern Spirits LtdMediumNeutral
Announced Mon, 25 Aug · 13:23 IST

Submission of Intimation of Book Closure of the Company.

Corporate Actions View source PDF

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

Northern Spirits Ltd has announced that its 13th Annual General Meeting will be held on Friday, September 19, 2025, at 12:30 PM in Kolkata. The Register of Members and Share Transfer Books will remain closed from September 13, 2025, to September 19, 2025, to determine members eligible for dividend and voting. The cut-off date for e-voting eligibility is Friday, September 12, 2025, with remote e-voting open from September 16 to September 18, 2025. Subject to shareholder approval at the AGM, the company proposes a final dividend of Rs. 0.30 per equity share (3% on face value of Rs. 10) for FY 2024-25.

Likely market impact

Shares are likely to trade ex-dividend after the book closure window. The proposed dividend is modest (3% on face value), so the cash reward for shareholders is limited unless the stock trades well below book value. Investors should watch the AGM outcome to confirm the dividend declaration.