SHANKARANSEShankara Building Products LimitedHighPositive
Announced Fri, 13 Jun · 11:50 IST

Shankara Building Products Limited has informed the Exchange that Record date for the purpose of Dividend is 17-Jun-2025.

Corporate Actions View source PDF

SHANKARA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shankara Building Products has fixed June 17, 2025 as the record date to determine shareholders eligible for the final dividend of Rs. 3 per equity share (on face value of Rs. 10) for FY ending March 31, 2025. The dividend was recommended by the Board on May 16, 2025 and is subject to shareholder approval at the AGM scheduled for June 24, 2025. Investors who hold the stock by June 17, 2025 will be entitled to receive this dividend.

Likely market impact

A modest final dividend of Rs. 3 per share reflects a steady but unspectacular return for shareholders. The stock may see mild ex-date activity around June 17, 2025, but this is a routine corporate action with limited price-moving impact.