Recommended the Final Dividend of Rs. 1.75 per equity share of Re. 1/- each (i.e 175%)
As filed · Outcome of Board Meeting
CapitalImprovingMinormateriality 48 out of 100
What happened
FactRecommended the Final Dividend of Rs. 1.75 per equity share of Re. 1/- each (i.e 175%).
Why it matters
CapitSignal interpretationA dividend moves cash off the balance sheet to shareholders, so it is both a return and a statement about how much cash the business does not need.
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Fact- Record date
- Payout as a share of profit
Evidence
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +2 corroborating keywords; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%