Orient Cement Limited has informed the Exchange that Board of Directors at its meeting held on July 03, 2025, declared Dividend of Rs. 0.50 per equity share.
ORIENTCEM · price
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On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 1.4 pts more than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Orient Cement's Board of Directors, at a meeting held on July 3, 2025, approved a dividend of Rs. 0.50 per equity share (face value Re. 1) for the financial year 2024-25, subject to shareholder approval. The 14th Annual General Meeting is scheduled for August 7, 2025, via video conferencing. The record date for determining dividend eligibility has been fixed as July 25, 2025, and the dividend, if approved, will be paid on or after August 12, 2025, after applicable tax deductions. Additionally, the Board approved the appointment of M/s Parikh Dave & Associates, Ahmedabad, as Secretarial Auditors for a five-year term from FY 2025-26 to FY 2029-30, pending shareholder approval.
A modest dividend of Rs. 0.50 per share signals a routine capital return to shareholders but is unlikely to materially impact the stock price. The record date of July 25 means investors need to buy shares before the ex-date to be eligible for the dividend.