Thangamayil Jewellery Limited has informed the Exchange that Board of Directors at its meeting held on May 15, 2025, recommended Final Dividend of 12.50 per equity share.
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The Board of Directors of Thangamayil Jewellery Limited, at its meeting held on May 15, 2025, recommended a Final Dividend of Rs. 12.50 per equity share on a face value of Rs. 10 each, amounting to 125%. The dividend is subject to shareholder approval at the upcoming Annual General Meeting scheduled for July 28, 2025, to be held in Madurai. The record date for the AGM and dividend has been set as July 21, 2025, and the book closure period is from July 22 to July 28, 2025. The payment date will be announced after shareholder approval.
A Rs. 12.50 dividend on a Rs. 10 face value (125%) is a generous payout and is likely to be viewed positively by investors, though the actual yield depends on the current share price. Shareholders on the record date of July 21, 2025 will be eligible to receive the dividend.