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SAIL
ty of India Limited (SAIL), a leading public sector undertaking in the steel industry, has declared key details regarding its final dividend for the financial year 2024-25. The announcement outlines the record date, annual general meeting (AGM) schedule, and payment specifics for shareholders.
Dividend Details
SAIL’s board of directors has recommended a final dividend of 16% on each equity share with a face value of Rs 10. This translates to a payout of Rs 1.60 per share. The decision was initially disclosed in an exchange filing in May 2025, reflecting the company’s commitment to rewarding its shareholders.
Record Date
The company has fixed Tuesday, September 9, 2025, as the record date to determine the eligibility of shareholders entitled to receive the final dividend. Investors holding SAIL shares as of this date will qualify for the dividend payout.
AGM and Payment Schedule
While the exact date for SAIL’s Annual General Meeting (AGM) for 2025 has not been specified in the latest announcement, the company typically aligns dividend payments with the AGM schedule. Shareholders can expect further details regarding the AGM and the finalization of the dividend payment timeline in upcoming communications from SAIL.#WatchOutFor#Budget2025#StockInNews
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