Board of Directors at its meeting held on May 20, 2025, recommended Final Dividend of Rs. 4 per equity share
As filed · COSMO FIRST LIMITED has informed the Exchange that Board of Directors at its meeting held on May 20, 2025, recommended Final Dividend of Rs. 4 per equity share.
What happened
FactCOSMO FIRST LIMITED has informed the Exchange that Board of Directors at its meeting held on May 20, 2025, recommended Final Dividend of Rs. 4 per equity share. Phiroze Jeejeebhoy Towers,. Recommendation of final dividend (F.Y 2024-25) on the Equity Shares of the Company @ 40 %.
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.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
RevisedA key milestone during the year was the commissioning of a new BOPP packaging film manufacturing line with the world's most advanced technology and an annual output of 81,200 MT.
The Company also commissioned a new Cast Polypropylene (CPP) line with an annual capacity of 22,000 MT, further strengthening its packaging films portfolio.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Record date
- Payout as a share of profit
- our Specialty as a percentage to our total sales volume is estimated to come down temporarily from 70% in FY25 (management committed by FY27)
- from what we did in Quarter 3, we can easily get around 25% to 30% more output from our assets. (management committed by FY27)
Evidence
- COSMO FIRST LIMITED has informed the Exchange that Board of Directors at its meeting held on May 20, 2025, recommended Final Dividend of Rs. 4 per equity share.(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · FY26
- Earlier statement · FY26
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%