HITECHGEARNSEThe Hi-Tech Gears Limited· Auto AncillariesHighPositive
Announced Thu, 29 May · 20:12 IST

The Hi-Tech Gears Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of 5 per equity share.

Corporate Actions View source PDF

HITECHGEAR · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of The Hi-Tech Gears Limited, at a meeting held on May 29, 2025, has recommended a Final Dividend of ₹5 per equity share for its shareholders. This dividend will be subject to approval by the shareholders at the upcoming Annual General Meeting. The record date and book closure dates for the purpose of determining entitlement to the dividend would be communicated separately. The dividend will be paid out of the profits of the company for the financial year ended March 31, 2025, once approved.

Likely market impact

This is a routine final dividend declaration providing a modest payout to shareholders. The actual yield and significance depend on the current share price and will only reflect positively on the stock ex-dividend date once the record date is announced.