VARDHACRLCNSEVardhman Acrylics Limited· Textiles - SyntheticHighPositive
Announced Wed, 30 Apr · 13:05 IST

Vardhman Acrylics Limited has informed the Exchange that Board of Directors at its meeting held on April 30, 2025, recommended Final Dividend of Rs. 1.50 per equity share.

Corporate Actions View source PDF

VARDHACRLC · price

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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 Directors of Vardhman Acrylics Limited, at its meeting held on April 30, 2025, has recommended a Final Dividend of Rs. 1.50 per equity share. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. Final dividends are typically paid out after the AGM is held and the record date is set. Vardhman Acrylics is a manufacturer of acrylic fibre and tow, part of the Vardhman Group.

Likely market impact

Shareholders holding shares as on the record date will receive Rs. 1.50 per share as dividend, providing a modest income return. The dividend payout signals continued shareholder returns by the company, though the per-share amount is relatively small.