Orient Bell Limited has informed the Exchange that Board of Directors at its meeting held on May 22, 2025, recommended Final Dividend of Rs. 0.50 per equity share.
ORIENTBELL · price
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Orient Bell Limited's Board of Directors, at a meeting held on May 22, 2025, approved audited financial results (standalone and consolidated) for Q4 and FY ending March 31, 2025, with an unmodified opinion from statutory auditors M/s. S.R. Dinodia & Co. LLP. The Board recommended a final dividend of Rs. 0.50 per equity share (on a face value of Rs. 10) for FY2024-25, subject to shareholder approval at the upcoming AGM. The dividend, if approved, will be paid within 30 days of declaration, after tax deduction at source. The Board also approved the re-appointment of Ms. Bindiya Shyam Agrawal as a Non-Executive Non-Independent Director for one year and the appointment of Ashu Gupta & Co. as Secretarial Auditor for five years (FY2025-26 to FY2029-30).
The final dividend of Rs. 0.50 per share represents a modest payout, and shareholder approval at the AGM is still required before it becomes effective. The re-appointment of the director and new secretarial auditor are routine governance matters unlikely to move the stock.