BSELowNeutral
Announced Thu, 8 May · 19:26 IST

Please find enclosed intimation regarding date of Annual General Meeting

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

L&T Finance Limited will hold its 17th Annual General Meeting on Tuesday, June 3, 2025, at 10:30 a.m. via video conference. The Board has recommended a dividend of Rs. 2.75 per equity share (on shares with face value of Rs. 10), pending shareholder approval at the AGM. Tuesday, May 27, 2025 has been fixed as the record date to identify shareholders eligible for the dividend. The dividend is expected to be credited or dispatched on or before Thursday, July 3, 2025, after applicable tax deduction at source.

Likely market impact

Shareholders holding shares by the record date of May 27, 2025 will be eligible for the Rs. 2.75 per share dividend. The stock may see mild positive sentiment around the record date as dividend-seeking investors look to buy in. This is a routine corporate announcement with no major strategic implication.