SHARDAMOTRNSESharda Motor Industries LimitedHighPositive
Announced Sat, 24 May · 19:17 IST

Sharda Motor Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 24, 2025, recommended Final Dividend of Rs. 32.50 per equity share.

Corporate Actions View source PDF

SHARDAMOTR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

The Board of Directors of Sharda Motor Industries Limited, at its meeting held on May 24, 2025, has recommended a final dividend of Rs. 32.50 per equity share for the financial year. This dividend, once approved by shareholders, will be paid to those holding shares as on the record date to be announced separately. The recommendation reflects the company's continued profitability and its commitment to returning value to shareholders. This is part of the company's regular dividend payout practice.

Likely market impact

The final dividend of Rs. 32.50 per share is a positive return for shareholders and signals healthy cash flows. Investors should note the ex-dividend date and record date, which will be announced separately, to be eligible for the payout.