Record date for final dividend subject to approval of members at ensuing AGM
Awaiting price reaction for this filing.
Redtape Limited's board has recommended a final dividend of Rs. 0.25 per share (12.5%) on equity shares of Rs. 2 face value, subject to shareholder approval at the 4th AGM. The record date for entitlement to this final dividend has been fixed in early August 2025 (the filing shows a partially garbled date of '1% August 2025'). The company had already paid an interim dividend of Rs. 2 per share (100%) for FY25, taking total dividend for the year to Rs. 2.25 per share. For FY25, consolidated revenue from operations rose about 10% YoY to Rs. 2,018 crore, with profit after tax of Rs. 180.58 crore versus Rs. 169.52 crore in FY24. The board also noted that a 3:1 bonus issue was completed in February 2025, which has been adjusted in EPS figures. Statutory auditors issued an unmodified opinion on the results.
Shareholders who hold Redtape shares on the record date will be eligible for the Rs. 0.25 final dividend, taking total FY25 payout to Rs. 2.25 per share alongside the Rs. 2 interim already paid. The stock typically trades ex-dividend shortly before the record date, so a small price adjustment around that time is normal.