The Board fixes record date for dividend
Awaiting price reaction for this filing.
Redington Limited's Board has recommended a final dividend of Rs. 6.80 per equity share (340% of face value of Rs. 2) for FY25, subject to shareholder approval at the AGM scheduled on July 29, 2025. The record date has been fixed as Friday, July 4, 2025 to determine shareholders eligible for the dividend, which will be paid within 30 days of the AGM. The Board also approved audited standalone and consolidated financial results — consolidated revenue rose to Rs. 99,333.65 crores from Rs. 89,345.71 crores in FY24, with consolidated profit after tax at Rs. 1,820.62 crores (vs Rs. 1,238.61 crores), aided by an exceptional gain of Rs. 625.77 crores from the sale of Paynet. Additionally, M/s B Chandra & Associates was appointed as Secretarial Auditor for five years from FY25-26 to FY29-30.
Eligible shareholders on the July 4, 2025 record date will receive the Rs. 6.80 dividend, while strong consolidated earnings — boosted by the Paynet divestment — signal healthy cash generation and shareholder returns.