GM Breweries Announces Final Dividend for FY 2024-2025
In an exciting development for investors, GM Breweries has officially set the record date for its final dividend payout for the fiscal year 2024-2025. This announcement comes after the company’s Board of Directors convened on April 15, 2025, to review the audited financial results for the year ending on March 31, 2025. Alongside these results, the Board has proposed a substantial dividend of ₹7.50 per equity share, reflecting a 75% dividend ratio based on the share’s face value of ₹10.
Record Date for Dividend Eligibility
On May 2, 2025, GM Breweries communicated with the National Stock Exchange of India and the Bombay Stock Exchange regarding the important record date for the dividend. Shareholders should note that May 22, 2025, has been designated as the record date to determine eligibility for the dividend payment.
- Key Date: May 22, 2025
- Dividend Amount: ₹7.50 per share
- Dividend Ratio: 75%
For shareholders looking to benefit from this final dividend, it’s essential to purchase GM Breweries shares by May 21, 2025. This timing aligns with the T+1 settlement method, ensuring that your name appears on the list of eligible shareholders.
GM Breweries Stock Performance
As of the latest trading session, GM Breweries shares opened at ₹666.50 on the BSE. This opening price indicated a slight uptick compared to the previous day’s close of ₹665.00, with Thursday being a market holiday. The stock further surged, reaching an intraday high of ₹669.35 during trading hours, reflecting investor confidence in the company amidst its robust financial performance.
- Current Share Price: ₹669.35 (Intraday high)
- Previous Closing Price: ₹665.00
Investors interested in exploring the potential of GM Breweries may want to consider this latest dividend declaration as a positive signal for future growth. For continuous updates on stock performance and market trends, keep an eye on financial news sources and stock market platforms.
This dividend announcement not only underscores the company’s commitment to rewarding its shareholders but also reflects its overall health and growth trajectory in the competitive market landscape.
