Electrosteel Castings LimitedELECTCASTNSE
Board of Directors at its meeting held on May 10, 2025, recommended Final Dividend of 1.4 per equity share
As filed · Electrosteel Castings Limited has informed the Exchange that Board of Directors at its meeting held on May 10, 2025, recommended Final Dividend of 1.4 per equity share.
CapitalImprovingMinormateriality 46 out of 100
What happened
FactElectrosteel Castings Limited has informed the Exchange that Board of Directors at its meeting held on May 10, 2025, recommended Final Dividend of 1.4 per equity share. please be informed that the Board of Directors, at its meeting held today i.e., on 10 May 2025 have,. recommended a final dividend of Rs. 1.40 (140%) per Equity Share of face value of Re.
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
- I am very certain that we can look at a growth of revenue to around Rs. 7,000-8,000 crores with EBITDA level o (management committed by FY30)
- For valves from an area of close to Rs. 400 crores of revenue, in the next four years, we are expecting to dou (management committed by FY31)
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%