Feedback

Astral Limited Announces Record Date for Final Dividend

Astral Limited has announced the record date for determining shareholders' eligibility for the final dividend for the financial year 2023-24. The company has set Friday, 16th August 2024, as the crucial date for this purpose.

Record Date Announcement

Determining Shareholder Entitlement

Astral Limited, in accordance with Regulation 42 of SEBI Listing Regulations, has fixed 16th August 2024 as the 'Record Date' for the purpose of determining the entitlement of shareholders to receive the final dividend. The final dividend amount has been set at Rs. 2.25 per equity share, which represents a 225% return on the face value of Rs. 1 per fully paid-up share.

Dividend Details

Payment Schedule

• Record Date: 16th August 2024
• Dividend Amount: Rs. 2.25 per equity share (225%)
• Payment Date: On or after 28th August 2024

Important Considerations

The final dividend will be declared by the shareholders at the upcoming Annual General Meeting. The dividend payment is subject to the deduction of tax at source as applicable.

Company Statement

Astral Limited has communicated this update to BSE Limited and the National Stock Exchange of India Limited. The announcement was signed by Manan Bhavsar, the Company Secretary of Astral Limited.

Key Points:

• Eligibility Date: Shareholders must be on record as of 16th August 2024.
• Dividend Percentage: 225% of the face value.
• Tax Deduction: Subject to applicable TDS.

External Links:

For further details, visit the official Astral Limited website.

Conclusion: Astral Limited's announcement regarding the final dividend for the financial year 2023-24 provides essential information for shareholders. The company ensures transparency and adherence to regulatory requirements, enhancing shareholder trust and value.

Discussion: