VELJANBSEVeljan Denison LtdHighPositive
Announced Fri, 30 May · 16:20 IST

Corporate Action - Board has approved the dividend and to be considered as Final subject to the approval of shareholders at the ensuing general meeting of the Company- as attached

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Veljan Denison Ltd's Board of Directors, at their meeting on May 30, 2025, recommended a final dividend of Rs. 8.50 per equity share (85% on the face value of Rs. 10) for FY2024-25. This is subject to approval from shareholders at the upcoming Annual General Meeting (AGM). If approved, the dividend will be paid within 30 days of the AGM conclusion. The book closure date for the dividend has not yet been announced and will be communicated later as per SEBI listing regulations.

Likely market impact

Shareholders will receive Rs. 8.50 per share if approved at the AGM, representing a meaningful payout on the Rs. 10 face value. The record/book closure date announcement is the next key event for shareholders to track for eligibility.