The United Nilgiri Tea Estates Company Limited has informed the Exchange that Board of Directors at its meeting held on May 23, 2025, recommended Final Dividend of Rs. 2 per equity share.
UNITEDTEA · price
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On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 2.6 pts more than its Tea & Coffee peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of The United Nilgiri Tea Estates Company Limited met on May 23, 2025, and recommended a Final Dividend of Rs. 2 per equity share. This dividend is subject to approval from shareholders at the upcoming Annual General Meeting. The company is a tea plantation business based in the Nilgiri hills. No additional details on record date, book closure, or total payout were provided in this filing.
A modest cash return for shareholders; the final dividend signals continued profit generation, though the Rs. 2 per share amount is small in absolute terms. Share price reaction will depend on the company's market price and overall dividend yield.