RICOAUTONSERico Auto Industries Limited· Auto AncillariesHighPositive
Announced Tue, 27 May · 16:30 IST

Rico Auto Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 27, 2025, recommended Final Dividend of 0.50 per equity share.

Corporate Actions View source PDF

RICOAUTO · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Rico Auto Industries Limited, at its meeting held on May 27, 2025, has recommended a Final Dividend of ₹0.50 per equity share for its shareholders. This is a standard corporate action communicated to the exchange following the board's approval. The dividend will be subject to shareholder approval at the upcoming Annual General Meeting. No additional details on record date, book closure, or total payout were provided in this filing.

Likely market impact

This is a modest dividend declaration. Shareholders may receive a small income on their holdings pending AGM approval, but the ₹0.50 per share amount is relatively small and unlikely to materially impact stock price or investor sentiment on its own.