BSETirupati Foam LtdMediumPositive
Announced Thu, 28 Aug · 17:23 IST

Board Approves Dividend of re. 1 per share over 4407000 Equity shares of Rs 10 each at its Board meeting dated 28th August, 2025

Corporate Actions View source PDF

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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 board of Tirupati Foam Ltd has recommended a dividend of 10%, which works out to Re. 1 per equity share, on its 44,07,000 equity shares of face value Rs. 10 each. The total dividend outflow is approximately Rs. 44.07 lakhs. The cut-off/record date fixed for determining eligible shareholders is 22nd September 2025. The approval was given at the board meeting held on 28th August 2025.

Likely market impact

Shareholders holding shares of Tirupati Foam Ltd as on the record date (22nd September 2025) will be entitled to receive the Re. 1 per share dividend. The dividend is modest in absolute terms, so the positive sentiment impact on the stock is likely to be limited unless the yield is attractive relative to the current share price.