Salzer Electronics Limited has informed the Exchange about General Updates on the declaration of dividend @25% (Rs.2.50) per equity shares subject to approval of the shareholders
SALZERELEC · price
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Awaiting price reaction for this filing.
Salzer Electronics Limited has informed the stock exchange about proposing a dividend of 25%, which works out to Rs. 2.50 per equity share. The dividend is subject to the approval of shareholders at the upcoming general meeting. Once approved, eligible shareholders will receive Rs. 2.50 for every share they hold. The company has not disclosed the record date or payment timeline in this update.
This is a routine dividend announcement, providing a modest cash return to shareholders pending their approval. It signals stable profitability but the per-share amount is relatively small and unlikely to materially move the stock price on its own.