Announced Thu, 29 May · 17:53 IST

Shivalik Bimetal Controls Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of 1.50 per equity share.

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shivalik Bimetal Controls Limited announced that its Board of Directors, at a meeting held on May 29, 2025, has recommended a Final Dividend of ₹1.50 per equity share for its shareholders. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. This is a routine payout declaration by the company, reflecting its continued profitability and commitment to returning value to shareholders.

Likely market impact

The dividend rewards existing shareholders with a direct cash payout, but its overall impact on share price will depend on the company's share price and total dividend yield. Investors should wait for the record date and final approval at the AGM.