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Authum Investment & Infrastructure informs about outcome of board meeting

21 Mar 2025 Evaluate
In terms of Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Authum Investment & Infrastructure has informed that the Board of Directors of the Company at its meeting held today March 21, 2025 have considered and approved the following: 1. Interim Dividend to Preference Shareholders: The Board had declared an Interim dividend of 7% of face value Rs. 10/- each fully paid-up preference shares for the Financial Year 2024-25, subject to deduction of tax at source, if any, to be paid to those preference shareholders whose names appear in the Register of Members of the Company as on Thursday, March 27, 2025 being the Record Date, for the purpose of payment of the said dividend. The interim dividend payout will be made to eligible preference shareholders on or before Saturday, April 19, 2025. 2. Interim Dividend to Equity Shareholders: The Board had declared an Interim dividend of 100% of face value Rs. 1/- each fully paid-up equity shares for the Financial Year 2024-25, subject to deduction of tax at source, if any, to be paid to those equity shareholders whose names appear in the Register of Members of the Company as on Thursday, March 27, 2025 being the Record Date, for the purpose of payment of the said dividend. The interim dividend payout will be made to eligible equity shareholders on or before Saturday, April 19, 2025. Further, the Board took note that Promoter shareholders comprising of 74.95% shares of the Company are waiving their Interim Dividend on equity shares held by them. Letters for the same are already received by the Company. The Board Meeting commenced at 10:30 am and concluded at 10:45 am.

The above information is a part of company’s filings submitted to BSE.

Authum Inv. & Infra Share Price

459.60 11.30 (2.52%)
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