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 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, at its meeting held on May 23, 2025, has recommended a Final Dividend of ₹2 per equity share. This dividend is subject to approval by the shareholders at the upcoming Annual General Meeting. The final dividend is typically paid after the AGM is held, and a record date will be announced for determining shareholder eligibility. The company is a small-cap tea plantation company listed on the exchanges, and this announcement reflects its regular dividend-paying track record.
For shareholders, this means an expected income of ₹2 per share held, though the actual yield depends on the prevailing share price. The announcement is mildly positive sentiment-wise as it confirms continued shareholder returns, but the small absolute amount suggests limited material impact on the stock price.