Feedback

RITES Limited Announces Board Meeting to Consider Q1 Financial Results and Interim Dividend

Mumbai, India - RITES Limited has scheduled a Board Meeting on Wednesday, July 31, 2024, to review and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2024. The Board will also consider the payment of the first interim dividend for the fiscal year 2024-25.

Key Details of the Upcoming Board Meeting

Financial Results

The Board of Directors of RITES Limited will meet to consider and approve the financial performance of the company for Q1 FY 2024-25. The meeting is held in compliance with Regulation 29 read with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Points:

  • Date of Meeting: July 31, 2024
  • Financial Results: Standalone and Consolidated Unaudited Financial Results for Q1 FY 2024-25

Interim Dividend

In addition to the financial results, the Board will also deliberate on the payment of the first interim dividend for the fiscal year 2024-25. The record date for the interim dividend has been set for August 7, 2024.

Key Points:

  • Interim Dividend Consideration: For FY 2024-25
  • Record Date: August 7, 2024

Trading Window Closure

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in shares of the company has been closed for all designated persons and their immediate relatives. The trading window closure began on July 1, 2024, and will remain closed until 48 hours after the announcement of the financial results.

Key Points:

  • Trading Window Closure: July 1, 2024, to 48 hours post Board Meeting

Regulatory Compliance

This announcement complies with Regulation 29 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company ensures that all necessary protocols and regulations are adhered to for transparency and shareholder engagement.

Conclusion

The Board Meeting on July 31, 2024, is a significant event for RITES Limited as it will determine the company's financial performance for the first quarter and consider rewarding shareholders with an interim dividend. Stakeholders and investors are encouraged to stay informed about the outcomes of this meeting.

For further details, visit RITES Limited.

0 Comments

Leave a comment