RIILNSEReliance Industrial Infrastructure Limited· EngineeringHighPositive
Announced Wed, 16 Apr · 19:23 IST

Reliance Industrial Infrastructure Limited has informed the Exchange that Board of Directors at its meeting held on April 16, 2025, recommended Final Dividend of Rs. 3.50 per equity share.

Corporate Actions View source PDF

RIIL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Reliance Industrial Infrastructure Limited, at its meeting held on April 16, 2025, has recommended a final dividend of Rs. 3.50 per equity share for the financial year. As a final dividend, this recommendation is typically subject to approval by shareholders at the upcoming Annual General Meeting. The record date and book closure dates for determining eligible shareholders are not mentioned in this filing. This is a routine dividend declaration by the company, which is part of the Reliance group.

Likely market impact

Shareholders on the record date will receive Rs. 3.50 per share as dividend income. This announcement alone is unlikely to cause major stock price movement unless the dividend represents a significant change from prior years, which is not indicated in this filing.