Redington Limited has informed the Exchange about Newspaper Publication regarding 32nd Annual General Meeting
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Redington Limited has published a newspaper notice about its 32nd Annual General Meeting to be held on Tuesday, July 29, 2025, at 11:00 am IST via video conferencing or other audio-visual means. The Board has recommended a final dividend of ₹6.80 per fully paid-up equity share (face value ₹2), which is a hefty 340% payout on face value for FY2024-25, subject to shareholder approval at the AGM. The record date for determining dividend entitlement is Friday, July 4, 2025, and the payment will be made within 30 days of the AGM, subject to applicable tax deducted at source. Remote e-voting will be available from July 25, 2025 (9:00 am) to July 28, 2025 (5:00 pm) through NSDL. The notice appeared in Business Standard (English) and Makkal Kural (Tamil) on July 3, 2025, in line with SEBI disclosure rules.
This is a routine regulatory filing confirming AGM and dividend details, but the 340% dividend on face value signals strong shareholder rewards and healthy cash generation, likely to be viewed positively by investors around the record date.