Board of Directors at its meeting held on April 21, 2025, recommended Final Dividend of Rs. 0.60 per equity…
As filed · Himadri Speciality Chemical Limited has informed the Exchange that Board of Directors at its meeting held on April 21, 2025, recommended Final Dividend of Rs. 0.60 per equity share.
What happened
FactHimadri Speciality Chemical Limited has informed the Exchange that Board of Directors at its meeting held on April 21, 2025, recommended Final Dividend of Rs. 0.60 per equity share. inter-alia has recommended to the shareholders a final dividend of Re 0.60 per equity share of Re 1. The record date for determining entitlement of the Members to final dividend shall be intimated in due.
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
WithdrawnSupported by a proposed capex of approximately Rs. 170 Crores, the project is targeted for commissioning in Q4FY28.
The feedback has been very encouraging and that is the reason we are going ahead with the CAPEX program.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Record date
- Payout as a share of profit
- In speciality carbon black, the brownfield expansion project is progressing well, set to more than double our (management committed by Q3 FY26)
- We have earlier guided that our ambition was to double our PAT from FY24, which was Rs. 411 crores by FY27. (management committed by FY27)
Evidence
- Himadri Speciality Chemical Limited has informed the Exchange that Board of Directors at its meeting held on April 21, 2025, recommended Final Dividend of Rs. 0.60 per equity share.(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q2 FY26
- Earlier statement · Q2 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%