Announced Sun, 15 Jun · 12:33 IST

Railtel Corporation Of India Limited has informed the Exchange that Board of Directors at its meeting held on Jun 15, 2025, recommended Final Dividend of 0.85 per equity share.

Corporate Actions View source PDF

RAILTEL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Railtel Corporation's Board of Directors, at its meeting on June 15, 2025, recommended a final dividend of Rs. 0.85 per equity share (8.5% of paid-up share capital) for FY 2024-25. This is in addition to the interim dividend of Rs. 2 per share already paid during the year, taking the total FY25 dividend to Rs. 2.85 per share. The final dividend is subject to shareholder approval at the upcoming AGM and will be paid within 30 days of its declaration. The Board also approved the appointment of M/s. Amit Agrawal & Associates as Secretarial Auditor for a five-year term covering FY 2025-26 to 2029-30. The Board meeting lasted from 10:00 to 10:30 hrs.

Likely market impact

The combined dividend payout of Rs. 2.85 per share reflects a steady return policy for shareholders, though the actual yield depends on the current share price. The appointment of a new secretarial auditor for a long 5-year term is a routine governance matter and should not materially affect the stock.