Wheels India Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2025, recommended Final Dividend of Rs. 7.03 per equity share.
WHEELS · price
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The Board of Directors of Wheels India Limited, at its meeting held on May 20, 2025, has recommended a Final Dividend of Rs. 7.03 per equity share for its shareholders. This is a cash dividend payout that will be subject to shareholder approval at the upcoming Annual General Meeting. The announcement signals the company's continued profitability and its commitment to returning value to shareholders. Wheels India is a leading manufacturer of wheels for various vehicle segments.
Shareholders holding shares as of the record date will receive Rs. 7.03 per share as dividend income. This final dividend is typically paid in addition to any interim dividend already declared during the financial year, making it a positive signal of the company's cash flow health and shareholder-friendly approach.