Recommendation of Dividend of Rs.15 per equity shares (150%) of Rs.10 each
Awaiting price reaction for this filing.
The Board of Directors of J.K. Cement Ltd. has recommended a dividend of Rs. 15 per equity share (150%) on the face value of Rs. 10 each for the financial year 2024-25, subject to shareholder approval at the 31st AGM. The board also approved the audited standalone and consolidated financial results for Q4 and FY ended 31st March 2025, with the statutory auditors issuing an unmodified opinion. The record date for dividend eligibility has been set as 8th July 2025, with the AGM scheduled for 18th July 2025 and dividend payment to be completed on or before 14th August 2025. The register of members will remain closed from 9th to 18th July 2025. Additionally, the board approved the re-appointment of Mr. Paul Heinz Hugentobler as a Non-Executive Director and appointed M/s Sanjay Grover & Associates as Secretarial Auditor for 5 years starting 1st April 2025.
Shareholders holding shares as of 8th July 2025 will be eligible for the Rs. 15 per share dividend. The unchanged dividend payout signals financial stability, though the actual yield depends on the prevailing share price. The clean audit report supports investor confidence.