Gurugram-based automotive components manufacturer OMAX Autos has announced a board meeting to be held on July 29th, 2024. The key agenda items include the review and approval of the company's unaudited financial results for the first quarter of the 2024-25 fiscal year, which ended on June 30th, 2024.
In addition to the financial performance review, the board will also discuss the possibility of recommending a final dividend to shareholders. If approved, the dividend would be a significant development for investors, reflecting the company's confidence in its financial health and future prospects.
In line with regulatory requirements and its insider trading policy, OMAX Autos has closed the trading window for designated persons from July 1st, 2024. The trading window will remain closed until 48 hours after the announcement of the Q1 results.
Investors and industry analysts are eagerly awaiting the release of OMAX Autos' financial results, which will provide insights into the company's performance amid the dynamic automotive landscape in India. The potential dividend declaration will also be a focal point for shareholders, as it could indicate the company's commitment to rewarding investors.
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