Board of Directors at its meeting held on May 09, 2025, recommended Final Dividend of 3.00 per equity share
As filed · Relaxo Footwears Limited has informed the Exchange that Board of Directors at its meeting held on May 09, 2025, recommended Final Dividend of 3.00 per equity share.
CapitalImprovingMinormateriality 46 out of 100
What happened
FactRelaxo Footwears Limited has informed the Exchange that Board of Directors at its meeting held on May 09, 2025, recommended Final Dividend of 3.00 per equity share. Recommended final dividend of INR 3/- (Rupees three only) per equity share (i.e. 300%) of face value of INR 1/- (Rupee One only) each for the financial year ended on.
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; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%