The Board has recommended for approval of shareholders at there 29th AGM a dividend of Rs.2.00/- (20%) per equity share
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Sagarsoft (India) Ltd's Board of Directors, at its meeting held on 14th May 2025, has recommended a dividend of Rs. 2.00 per equity share (20%) on the face value of Rs. 10 each for the financial year 2024-25. The dividend is subject to shareholder approval at the upcoming 29th Annual General Meeting. The company has 63,92,238 equity shares outstanding, which translates to a total dividend payout of approximately Rs. 1.28 crore. The Board also approved the audited standalone and consolidated financial results for the quarter and year ended 31st March 2025.
This is a modest, routine dividend declaration pending shareholder approval. Shareholders holding shares on the record date (to be announced) will receive Rs. 2 per share as dividend income. The small absolute payout size suggests this is a small-cap IT services company, and the dividend may appeal mainly to income-focused retail investors.