Intimation about book closure for the purpose of forthcoming Annual General Meeting and payment of Dividend to shareholders.
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Voith Paper Fabrics India has announced a book closure from Saturday, August 9, 2025 to Thursday, August 21, 2025 (both days inclusive) for the purpose of its 55th Annual General Meeting and dividend payment. The Board of Directors, at its meeting on May 22, 2025, has recommended a dividend of Rs. 10 per equity share (100%) on shares of Rs. 10 face value for the financial year ended March 31, 2025. The dividend is subject to approval by shareholders at the AGM scheduled for Thursday, August 21, 2025.
Shareholders must hold shares by the record date (August 8, 2025) to be eligible for the Rs. 10 per share dividend. This is a routine corporate action and should have a neutral to mildly positive short-term impact on the stock price.