VIMTALABSNSEVimta Labs Limited· PharmaceuticalsHighPositive
Announced Mon, 28 Apr · 18:54 IST

Vimta Labs Limited has informed the Exchange that Board of Directors at its meeting held on April 28, 2025, recommended Final Dividend of Rs. 2 per equity share.

Corporate Actions View source PDF

VIMTALABS · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Vimta Labs Limited, at its meeting held on April 28, 2025, has recommended a final dividend of Rs. 2 per equity share for the financial year 2024-25. The dividend is on shares with a face value of Rs. 2 each, implying a 100% payout on face value. This recommendation is subject to approval by shareholders at the upcoming Annual General Meeting. The company is listed on both BSE (Scrip Code: 524394) and NSE (Trading Symbol: VIMTALABS).

Likely market impact

The final dividend rewards shareholders for FY 2024-25 and signals the company's continued profitability. The actual impact on stock price will depend on the dividend yield relative to the current market price, which cannot be determined from this announcement alone.