Shivalik Bimetal Controls Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of Rs. 1.50 per equity share.
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The Board of Directors of Shivalik Bimetal Controls Limited, at its meeting held on May 29, 2025, has recommended a final dividend of Rs. 1.50 per equity share for its shareholders. This is a final dividend, meaning it is paid at the end of the financial year in addition to any interim dividend declared earlier. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and payment timeline will be communicated separately by the company.
This is a routine final dividend declaration, which provides a modest income to shareholders. The actual yield impact on the stock price depends on the company's share price, which is not specified in the filing.