Samvardhana Motherson International Limited has informed the Exchange that Record date for the purpose of Dividend is 23-Jun-2025.
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Awaiting price reaction for this filing.
Samvardhana Motherson International Limited has informed the stock exchange that the record date for the purpose of dividend has been set as 23-June-2025. Investors who hold shares of the company as on this record date will be eligible to receive the dividend. The company has already declared the dividend in a prior announcement, and this filing simply confirms the cut-off date for shareholder eligibility. No specific dividend amount per share or yield percentage has been disclosed in this particular filing.
Investors looking to qualify for the upcoming dividend must ensure their shares are in their demat account on or before 23-Jun-2025. After the record date, the stock may trade ex-dividend, which could lead to a price adjustment roughly equal to the dividend amount.