Orient Electric Ltd recommends final dividend of Rs. 0.75

The board of directors of Orient Electric Ltd have recommended a final dividend of Rs.0.75/- (75%) per equity share of face value of Rs. 1 each for the financial year ended March 31, 2025, which is subject to approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company. The Final dividend shall be paid to the shareholders within 30 days from the date of AGM post approval by the shareholders. The Company had declared and paid an interim dividend of Rs. 0.75 (75%) per equity share during the previous quarter of the financial year 2024-25, thereby making a total dividend of Rs. 1.50 (150 %) per equity share of Rs. 1/- each for the financial year 2024-25. Date of the AGM along with Record Date / Book Closure shall be communicated in due course.

Shares of Orient Electric Limited was last trading in BSE at Rs. 241.50 as compared to the previous close of Rs. 245.85. The total number of shares traded during the day was 105721 in over 3325 trades.

The stock hit an intraday high of Rs. 248.00 and intraday low of 233.80. The net turnover during the day was Rs. 25553735.00.

Source : Equity Bulls

Keywords

OrientElectric INE142Z01019 FinalDividend FY2025