Clarification Pertaining to the intimation on record date under Regulation 42 (Listing Obligations and Disclosure Requirements) Regulations,2015.
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Victoria Mills Ltd has clarified that the record date for determining shareholders eligible to receive the dividend for FY ended March 31, 2025 will be Friday, September 19, 2025. This follows an earlier intimation dated May 26, 2025. The company has declared a dividend of ₹50 per equity share on shares with a face value of ₹100 each, which works out to a 50% dividend on face value. Shareholders who hold the stock on or before the record date will be entitled to this dividend payout.
This is a procedural clarification confirming the record date for an already-announced dividend. The ₹50 dividend on a ₹100 face value is a generous payout on book value, which may attract income-focused investors. The stock price may see mild interest around the record date, though the actual yield depends on the prevailing market price.