PFIZERNSEPfizer Limited· PharmaceuticalsLowNeutral
Announced Sun, 29 Jun · 22:55 IST

Pfizer Limited has informed the Exchange regarding Notice of undefined to be held on July 21, 2025

Board & Shareholder Meetings View source PDF

PFIZER · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pfizer Limited has informed the exchange that its 74th Annual General Meeting (AGM) will be held on July 21, 2025, via Video Conferencing. The company has submitted its Annual Report for the financial year ended March 31, 2025. The Board has recommended a total dividend of Rs. 165/- per equity share (face value Rs. 10), comprising a final dividend of Rs. 35/- per share, a special dividend of Rs. 100/- per share to mark Pfizer's 75th year in India, and an additional special dividend of Rs. 30/- per share arising from the gain on transfer of leasehold land and building in Thane. The record date for dividend eligibility is July 9, 2025, and payment will be made on or after July 25, 2025. E-voting will commence on July 17, 2025 and end on July 20, 2025.

Likely market impact

Shareholders as on the record date (July 9, 2025) will be eligible for the total Rs. 165/- per share dividend, a significant payout compared to the Rs. 35/- declared in FY24. The higher dividend and strong FY25 results (profit before tax up 36.2% to Rs. 1,016 crore) signal robust shareholder returns and may be viewed positively by the market.