Board has recommended a Dividend of 30% for the financial year 2024.25
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Shervani Industrial Syndicate Ltd announced that its Board of Directors, at a meeting held on May 22, 2025, has recommended a dividend of 30% for the financial year 2024-25. A 30% dividend on shares with a face value of ₹10 translates to ₹3 per share as a proposed payout, subject to shareholder approval at the upcoming Annual General Meeting. The company, registered in Prayagraj, Uttar Pradesh, has filed this intimation with BSE under SEBI's Listing Obligations and Disclosure Requirements Regulations.
Shareholders eligible to receive ₹3 per share as dividend once approved, though the ex-date and record date are yet to be announced. The announcement reflects steady shareholder returns but the actual yield for investors will depend on the current market price of the stock.