Record Date Intimation
Awaiting price reaction for this filing.
ABDL's board has recommended a final dividend of Rs. 3.60 per equity share (face value Rs. 2) for FY25, with the record date fixed as June 27, 2025 and AGM scheduled for July 8, 2025. The company reported strong FY25 results with standalone revenue rising to Rs. 8,073 crore (from Rs. 7,669 crore) and standalone PAT jumping to Rs. 200 crore from Rs. 7 crore, with EPS at Rs. 7.38 versus Rs. 0.28 last year. The board approved a proposal to raise up to Rs. 1,000 crore via equity shares, QIP, or convertible securities, subject to shareholder approval. A Rs. 29 crore capex was cleared to triple bottling capacity at the Derabassi, Punjab plant from 1 lakh to 3 lakh cases per month within 12 months. The board also flagged an income tax demand of Rs. 352 crore (interest Rs. 24 crore), of which 90% has been stayed, with the promoter chairman giving a personal assurance to fund any liability.
Strong earnings rebound and a meaningful dividend are positive for shareholders, though the Rs. 1,000 crore fund-raising plan could lead to equity dilution if executed via shares or QIP. The tax dispute overhang remains a watch item despite the 90% stay and promoter backstop.