Rossari Biotech Limited has informed the Exchange that Board of Directors at its meeting held on April 25, 2025, recommended Final Dividend of Rs. 0.50 per equity share.
ROSSARI · price
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On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.8 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Rossari Biotech Limited, at its meeting held on April 25, 2025, has recommended a Final Dividend of Rs. 0.50 per equity share. This dividend will be subject to shareholder approval at the upcoming Annual General Meeting. The record date and book closure dates will be announced separately. The dividend amount is modest and reflects the company's routine shareholder reward policy.
A small final dividend of Rs. 0.50 per share indicates a modest payout to shareholders. Without prior year comparison, it's unclear if this is an increase or decrease. Investors should wait for annual dividend yield calculation and AGM approval before gauging the income impact.