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Company Name: Authum Investment & Infrastructure Limited (NSE: AIIL)
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Type of Announcement: Board Meeting Outcome – Dividend Declaration
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Key Development:
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The Board has declared an Interim Dividend of ₹1 per equity share for FY 2024-25.
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Dividend Details:
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Dividend Type: Interim
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Rate: ₹1 per share
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Declaration Date: March 21, 2025
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Record Date: March 27, 2025
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Payment Date (on or before): April 19, 2025
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Board Meeting Info:
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Date: March 21, 2025
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Time: 10:30 AM – 10:45 AM
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Prior Intimation to Stock Exchange:
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Yes, prior notice given on March 18, 2025.
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Official Remark:
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“The Board of Directors have declared an Interim Dividend for Financial Year 2024-25.”
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Purpose: Rewarding shareholders and enhancing investor confidence.
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Source: Company Filing via SEBI XBRL Portal.
Market Effect:
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Positive Short-term Impact Expected:
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Dividend declarations often trigger short-term bullish sentiment, especially if investors interpret the move as a signal of strong financial health.
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Share price may see upward momentum as the record date approaches.
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Potential increase in trading volume due to dividend-driven buying interest.
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Company Details:
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Full Name: Authum Investment & Infrastructure Limited
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Stock Code: NSE: AIIL | BSE: 539177
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Industry: Financial Services / NBFC
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Overview: Engaged in investment and financing activities across infrastructure, real estate, and other sectors.
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