Sarthak Metals Limited has informed the Exchange that Record date for the purpose of Dividend is 11-Jul-2025.
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On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and in line with its Iron & Steel Products 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 Sarthak Metals Limited, at its meeting held on June 16, 2025, approved the draft notice for the 30th Annual General Meeting scheduled for Friday, July 25, 2025. The Board has fixed Friday, July 11, 2025, as the record date for determining shareholders eligible for the Final Dividend. Additionally, July 18, 2025, is set as the cut-off date for e-voting eligibility, with the remote e-voting window open from July 22 to July 24, 2025. The company also appointed a scrutinizer (M/s Atul Jain and Co.) and a e-voting agency (M/s Bigshare Services) for the AGM process.
Investors who buy the stock before the July 11 record date will be eligible to receive the final dividend, which could support short-term buying interest. However, the actual dividend amount and yield are not disclosed in this filing, so the price impact remains uncertain.