Indian Hotels to Dalmia Bharat Sugar: 3 stocks to trade ex-dividend today
Indian Hotels, Dalmia Bharat Sugar, and Sagarsoft had set today, i.e., 30 June 2025, as the record date for determining the list of eligible shareholders to receive dividends.
As per the T+1 settlement procedure, in order for their names to be listed among the eligible shareholders to receive dividends, investors who wanted to benefit from these firms' dividend announcements had to purchase shares of Indian Hotels, Dalmia Bharat Sugar, and Sagarsoft at least one day prior to the record date.
Indian Hotels Company Ltd.: The Board of Directors recommended a final dividend of ₹ 2.25 per equity share of ₹ 1 each for the fiscal year that ended on March 31, 2025, at its meeting on May 5, 2025. The dividend announced amounts to 225%, considering the face value of the share. The approval of shareholders at the subsequent Annual General Meeting (AGM), which is scheduled for July 2025, will be sought for this dividend.
Dalmia Bharat Sugar and Industries Ltd.: The company had recommended a final dividend for the fiscal year 2024–2025, which is Rs. 1.50 for each equity share with a face value of Rs. 2. The dividend announced amounts to 75%, considering the face value of the share. At the next Annual General Meeting, the shareholders will need to approve the same.
Sagarsoft (India) Ltd.—The Board of Directors of Sagar Soft has recommended for approval of the shareholders at their 29th Annual General Meeting, to be held in due course, a dividend of Rs.2.00 per equity share (20%) on the 6,392,238 equity shares of Rs.10 each of the company for the financial year 2024-25.
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