Board of Directors at its meeting held on May 30, 2025, recommended Final Dividend of Rs. 1.2 per equity share
As filed · AVG Logistics Limited has informed the Exchange that Board of Directors at its meeting held on May 30, 2025, recommended Final Dividend of Rs. 1.2 per equity share.
What happened
FactAVG Logistics Limited has informed the Exchange that Board of Directors at its meeting held on May 30, 2025, recommended Final Dividend of Rs. 1.2 per equity share. Recommendation of Final Dividend @ Re 1.2/- per equity share for financial year ended the March 31,. Phiroze Jeejeebhoy Towers,.
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
RevisedSo we will start the all the formalities has been completed and now hopefully we will start the operation of this company which is a subsidiary of the AVG in the maximum next one month or so.
We invested INR62 crores in FY ‘26 and targeting INR50 crores plus in capex in current financial year FY ‘27.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Record date
- Payout as a share of profit
- We expect to deliver healthy double-digit revenue growth in FY27. (management committed by FY27)
- Plan to invest in EV fleet for mid mile and last mile delivery (management committed by FY25)
Evidence
- AVG Logistics Limited has informed the Exchange regarding Outcome of Board Meeting held on May 30, 2025.(opens the original filing in a new tab)
- Earlier statement · Q4 FY25
- Latest statement · Q1 FY26
- Earlier statement · Q4 FY24
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +2 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%