Pursuant to Reg. 30, 42, 43 of SEBI (LODR), Board of Directors of the Company at its Meeting held today (i.e. 16-May-25) inter alia, has recommended to the Shareholders a Final Dividend ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Sumedha Fiscal Services Ltd, at its meeting held on May 16, 2025, has recommended a final dividend of Re. 1 per equity share (face value Rs. 10), translating to 10% on the face value, for the financial year 2024-25. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. If approved, the dividend will be paid within 30 days of declaration, after deducting tax at source as applicable. The record date to determine shareholder eligibility will be communicated later.
Shareholders holding shares on the record date will be entitled to the Re. 1 per share dividend, providing a modest cash return. The 10% dividend on face value is a standard payout and is unlikely to significantly move the stock price on its own.