Recommendation of Dividend @ Re .1/- per share
Awaiting price reaction for this filing.
Century Plyboards (India) Ltd. has announced that its Board of Directors, at the meeting held on 29th May 2025, has recommended a dividend of Re. 1 per equity share for the financial year ended 31st March 2025. The dividend is on shares with a face value of Re. 1 each, effectively a 100% payout on face value. Payment will be made through RTGS, NECS, dividend warrants, or demand drafts within 30 days of shareholder approval at the forthcoming AGM. The book closure date for the dividend will be communicated to stock exchanges later.
This is a routine dividend declaration that will provide a small cash return to shareholders once approved at the AGM. The quantum is modest on face value, and its true significance depends on the current share price (i.e., dividend yield), which is not derivable from this filing alone.