Outcome of Board Meeting held on April 13, 2025
As filed · Orient Cement Limited has informed the Exchange regarding Outcome of Board Meeting held on April 13, 2025.
What happened
FactOrient Cement Limited's Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2025, and the statutory auditors issued an unmodified opinion on these results. The Board recommended a dividend of ₹0.50 per equity share, subject to shareholder approval at the upcoming Annual General Meeting. Additionally, the company allotted 3,49,976 fully paid-up equity shares, increasing the paid-up share capital.
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
RevisedWe are targeting additional, another 13 million tonnes this financial year.
In our larger aim of achieving 140 million tonnes by FY28, we are well poised to achieve 118 million tonnes by end of FY26 powered by our strategic brownfield expansions across various sites.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- by end of this year, we should be hitting 119 million. (management committed by FY27)
- On a full year, we are anyways giving a guidance of INR4,250 a ton (management committed by FY27)
Evidence
- Orient Cement Limited has informed the Exchange regarding allotment of 349976 securities pursuant to ESOP/ESPS at its meeting held on April 13, 2025(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY26
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- RESULTS base 68; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%