Board approved Dividend of Rs 1.5 per equity share (15%) on 11446290 equity shares of Rs 10 each for FY 2024-25
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On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 5.4 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Smruthi Organics Ltd has recommended a dividend of Rs 1.5 per equity share (15%) on shares of Rs 10 face value for the financial year 2024-25. The total payout works out to roughly Rs 1.72 crore across about 1.14 crore equity shares. The 36th Annual General Meeting is scheduled for 20th June 2025 via video conferencing. The record date and book closure period have been fixed as 13th June 2025, meaning shareholders on the records as of that date will be entitled to the dividend.
This is a modest dividend payout and a routine corporate action — short-term stock price reaction is likely to be limited. Investors should note the 13th June 2025 record date to be eligible for the dividend.