Authum Investment & Infrastructure Ltd (BSE: 539177 | NSE: AIIL) has announced key outcomes from its Board Meeting held on March 21, 2025.
The Board approved two dividend declarations for the Financial Year 2024-25:
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Interim Dividend to Preference Shareholders:
- 7% interim dividend on fully paid preference shares with a face value of ₹10 each.
- Record Date: March 27, 2025.
- Payment Date: On or before April 19, 2025.
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Interim Dividend to Equity Shareholders:
- 100% interim dividend on fully paid equity shares with a face value of ₹1 each.
- Record Date: March 27, 2025.
- Payment Date: On or before April 19, 2025.
A significant move by the promoter group holding 74.95% equity is the voluntary waiver of their interim dividend, ensuring greater dividend allocation for public shareholders. Letters confirming the waiver have already been received by the company.
💹 Market Effect Analysis:
This dividend announcement, especially the 100% interim dividend for equity shareholders, is likely to have a positive impact on Authum’s stock price in the short term. The promoter dividend waiver indicates a shareholder-friendly approach and financial discipline, possibly improving investor sentiment and attracting retail interest. Expect a possible price uptick leading into the record date as investors position for dividend eligibility.
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
