STEELCITYNSESteel City Securities LimitedHighPositive
Announced Fri, 22 Aug · 11:51 IST

Steel City Securities Limited has informed the Exchange that Board of Directors at its meeting held on August 22, 2025, declared Interim Dividend of Rs. 1 per equity share.

Corporate Actions View source PDF

STEELCITY · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Steel City Securities Limited, at its meeting held on August 22, 2025, declared an Interim Dividend of Rs. 1 per equity share on shares of face value Rs. 10 each. The company has fixed September 4, 2025 as the record date to identify shareholders eligible for the dividend. Additionally, the Board reconstituted the PMLA (Prevention of Money Laundering Act) Committee of the Company. The board meeting commenced at 10:45 A.M. and concluded at 11:30 A.M.

Likely market impact

Shareholders holding STEELCITY shares as of the record date of September 4, 2025 will be eligible for the Rs. 1 per share interim dividend. The dividend represents a 10% payout on face value, providing a modest income boost to investors, though the actual yield depends on the prevailing market price of the stock.