Intimation of Record date for determining eligiblility of the shareholders for the payment of Final Dividend.
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Awaiting price reaction for this filing.
ZR2 Bioenergy Ltd (formerly Gujchem Distillers India) has recommended a final dividend of Rs. 0.10 per equity share (10% on the Rs. 1 face value) for the financial year ended March 31, 2025, subject to shareholder approval at the 86th AGM. The record date to identify eligible shareholders has been fixed as September 09, 2025, and the dividend will be paid within 30 days of the AGM, after tax deduction at source. Alongside the dividend, the board also approved the appointment of M/s Ritika Agarwal & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), reappointment of a retiring director, shifting of the registered office from Gujarat to Maharashtra, reclassification of authorised capital to Rs. 10 crore divided into 10 crore equity shares of Rs. 1 each, and the introduction of the ZR2 Bioenergy ESOP 2025 plan.
The Rs. 0.10 dividend is a modest payout and is unlikely to be a major catalyst for the stock. The accompanying moves — capital restructuring, registered office shift, and new ESOP scheme — suggest the company is preparing for future fundraising or expansion activity, which investors should watch closely.