Board at its meeting held on 29th May 2025, has recommended a dividend of Re 0.75/- per share. The same will be declared after the approval from the shareholder at its meeting to be held ....
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VTM Ltd's Board of Directors, at its meeting on 29th May 2025, has recommended a dividend of Re 0.75 per equity share (face value Re 1) for the financial year 2024-25, subject to shareholder approval at the upcoming AGM. The record date for determining eligible shareholders is fixed at 20th June 2025, with share transfer books remaining closed from 21st June to 2nd July 2025. The Annual General Meeting is scheduled for 2nd July 2025, and the dividend will be paid to eligible shareholders on or before 1st August 2025.
Shareholders holding VTM Ltd shares as of the record date (20th June 2025) will be eligible to receive the Re 0.75 per share dividend. The dividend yield's attractiveness depends on the current market price and should be compared to peer textile companies to assess its relative value.