Steel Authority of India Limited has informed the Exchange that Record date for the purpose of Final Dividend 2024-25 is 09-Sep-2025.
SAIL · price
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On the reaction day the stock moved 0.6 pts less than Nifty Midcap 150 and 0.7 pts more than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Steel Authority of India Limited (SAIL) has fixed Tuesday, 9 September 2025 as the record date to determine shareholders eligible for the Final Dividend for FY 2024-25. The Board had earlier recommended a final dividend of Rs. 1.607 per equity share on a face value of Rs. 10, which works out to 16% of the paid-up equity share capital. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting and will be paid within 30 days of that approval, after applicable tax deduction at source. Shareholders who hold SAIL shares as of the record date will be entitled to receive this dividend.
This is a routine confirmation of the dividend record date, reinforcing SAIL's continued shareholder returns. The 16% final dividend (Rs. 1.60 per share) provides a modest income for eligible shareholders, with the stock likely to trade ex-dividend shortly after the record date.