HITECHGEARBSEThe Hi-Tech Gears LtdMediumPositive
Announced Mon, 18 Aug · 14:24 IST

Intimation of Record Date for the Dividend and AGM is fixed at Friday, September 19, 2025

Corporate Actions View source PDF

HITECHGEAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Hi-Tech Gears has fixed Friday, September 19, 2025 as the Record Date for determining shareholders entitled to receive a dividend of Rs. 5 per equity share (face value Rs. 10), which works out to 50% for FY 2024-25, subject to declaration at the 39th Annual General Meeting. The same date has also been set as the Cut-Off Date for e-voting eligibility for the AGM. This is a continuation of an earlier communication dated August 11, 2025. The company is a Gurugram-based auto component manufacturer with operations in India, Canada and the USA.

Likely market impact

Shareholders holding the stock on or before September 19, 2025 will be eligible for the Rs. 5 dividend. The 50% payout signals a healthy distribution to shareholders, though the actual yield depends on the prevailing share price.