Announced Mon, 26 May · 19:12 IST

Pilani Investment and Industries Corporation Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2025, recommended Final Dividend of Rs. 15 per equity share.

Corporate Actions View source PDF

PILANIINVS · 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

The Board of Directors of Pilani Investment and Industries Corporation Limited, at its meeting held on May 26, 2025, has recommended a Final Dividend of Rs. 15 per equity share for the financial year. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and book closure dates for determining eligibility will be communicated separately. The payment will be made to shareholders who hold shares as of the record date once approved.

Likely market impact

This is a routine final dividend declaration that rewards shareholders with Rs. 15 per share in cash. The market reaction typically depends on the dividend yield relative to the stock price and the company's payout track record.