Orient Cement Limited has informed the Exchange that Record date for the purpose of Dividend is 25-Jul-2025.
ORIENTCEM · price
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Orient Cement's board has fixed 25-July-2025 as the record date to identify shareholders eligible for a dividend of Re. 0.50 per equity share (face value Re. 1) for FY 2024-25. The dividend, if approved by shareholders at the 14th AGM on 7-August-2025, will be paid on or after 12-August-2025, subject to applicable tax deduction. The company also announced 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, subject to shareholder approval. The 14th AGM will be held via video conferencing at 10:00 a.m.
Shareholders holding shares of Orient Cement as of 25-July-2025 will be entitled to the Rs 0.50 per share dividend. The dividend is modest given the low face value, and investors should wait for the actual dividend yield based on the current market price to gauge its attractiveness.