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