SUPREMEINDNSESupreme Industries Limited· Plastic And Plastic ProductsHighPositive
Announced Thu, 24 Apr · 13:44 IST

Supreme Industries Limited has informed the Exchange that Board of Directors at its meeting held on April 24, 2025, recommended Final Dividend of Rs. 24 per equity share.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Supreme Industries Limited, at its meeting held on April 24, 2025, has recommended a Final Dividend of Rs. 24 per equity share for the financial year. This dividend is subject to approval by the shareholders at the upcoming Annual General Meeting. The record date and book closure dates for the purpose of payment of dividend will be communicated separately. This is a routine annual dividend declaration by the company, which is a leading manufacturer of plastic products in India.

Likely market impact

Investors holding shares as on the record date will be eligible to receive the Rs. 24 per share dividend, providing regular income to shareholders. Given Supreme Industries' premium share price, the yield from this dividend is modest; the announcement is largely a positive signal of consistent shareholder returns rather than a major catalyst for stock price movement.