Corporate Action - Fixes Record Date for Final Dividend
SIKA · price
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The Board of Directors has recommended a final dividend of Rs. 2.40 per equity share (face value Rs. 2) for FY ended 31st March 2025, subject to shareholder approval at the 39th AGM on 9th July 2025. The record date has been fixed as Wednesday, 2nd July 2025. Along with this, the company announced audited FY25 results showing strong growth: standalone revenue rose 37% to Rs. 14,556 lakhs (vs Rs. 10,603 lakhs last year) and standalone net profit grew 32% to Rs. 2,573 lakhs (vs Rs. 1,955 lakhs), with EPS of Rs. 11.93. The company also noted that the face value of shares was recently changed from Rs. 10 to Rs. 2 following a 5:1 stock split effective 17th March 2025. Additionally, new Secretarial Auditor (N K Hebbar & Associates for 5 years) and Cost Auditor have been appointed.
Investors holding shares as of 2nd July 2025 record date will be eligible for the Rs. 2.40 per share dividend. The 20% increase in dividend (post-stock-split equivalent) combined with strong revenue and profit growth signals healthy business momentum and shareholder-friendly capital allocation.