The Board in its meeting held on 27/05/2025 has recommended final dividend of Rs.1/- (i.e. 10%) per Equity Shares for the financial year 31.03.2025 subject to approval of shareholder at ....
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The board of TGV Sraac Ltd, meeting on 27 May 2025, has recommended a final dividend of Rs. 1 per share (10%) on its 10.70 crore equity shares for FY ended 31 March 2025, pending shareholder approval at the upcoming AGM. The total dividend outflow works out to roughly Rs. 10.7 crore. The board also approved the appointment of Sri E. Ramaiah as Executive Director (Mechanical) for a three-year term starting 30 June 2025; he is a long-serving internal employee (38 years with the company, currently Sr. VP Mechanical) and is not related to any promoter. Additionally, M/s. Aruna Prasad & Co. was reappointed as Cost Auditor for FY 2025-26 at a fee of Rs. 2 lakh. The audited financial results for Q4 and FY 2024-25 were also taken on record.
For shareholders, a Rs. 1 final dividend is a modest but positive income signal, indicating the company is in a position to return cash. The internal promotion to Executive Director suggests continuity rather than disruption, and the cost auditor reappointment is routine.