Fixation of record date for Declaration of Dividend
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shine Fashions (India) Ltd has fixed Friday, July 4, 2025 as the record date to determine shareholders eligible for the proposed dividend. The Board, in its meeting on May 6, 2025, had recommended a dividend of 1250 paisa (Rs. 12.50) per equity share of Rs. 5 face value, which works out to 2.5% on face value for FY 2024-25. The dividend is subject to approval from shareholders at the upcoming Annual General Meeting. Investors must hold shares in their demat accounts by the record date to be eligible for this payout.
This is a modest dividend and shareholders who buy before the record date (July 4, 2025) will be eligible for the payout. For most retail investors, the financial impact is small and unlikely to meaningfully move the stock price.