DCM Shriram Limited recommends final dividend of Rs. 3.40

The board of directors of DCM Shriram Limited has recommended Final Dividend of 170% i.e., Rs. 3.40/- per equity share of face value of Rs.2/- each for the Financial Year ended 31st March 2025, subject to approval of the shareholders at the ensuing 36th Annual General Meeting (AGM) of the Company, which if declared by the shareholders, the total dividend for the Financial Year 2024-25 would aggregate to 450% i.e., Rs. 9/- per equity share of face value of Rs.2/- each (including Interim Dividend @100% i.e., Rs. 2/- per equity share declared in October 2024 and 2nd Interim Dividend @180% i.e., Rs. 3.60/- per equity share in January 2025). Further, the said Final Dividend, if declared by the shareholders at the ensuing AGM shall be paid/despatched to all eligible shareholders within 30 days from the date of AGM.

Shares of DCM Shriram Limited was last trading in BSE at Rs. 1018.25 as compared to the previous close of Rs. 981.65. The total number of shares traded during the day was 3522 in over 579 trades.

The stock hit an intraday high of Rs. 1023.90 and intraday low of 980.00. The net turnover during the day was Rs. 3533646.00.

Source : Equity Bulls

Keywords

DCMShriram INE499A01024 FinalDividend FY2025