The Phoenix Mills Limited has informed the Exchange that Board of Directors at its meeting held on April 30, 2025, recommended Final Dividend of Rs. 2.50 per equity share.
PHOENIXLTD · price
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The Board of Directors of The Phoenix Mills Limited, at its meeting held on April 30, 2025, has recommended a Final Dividend of Rs. 2.50 per equity share. This dividend, once approved by shareholders, will be paid to eligible shareholders as per the company's records. The recommendation reflects the company's intent to share profits with its equity holders for the financial year. The actual payout will depend on shareholder approval at the upcoming Annual General Meeting and the record date that will be announced separately.
A modest dividend payout signals steady profitability but the Rs. 2.50 per share amount may offer limited yield depending on the current stock price. Shareholders should await the record date announcement to confirm eligibility for receiving the dividend.