Latest news with #Board
Mint
an hour ago
- Business
- Mint
Multibagger small-cap stock fixes record date for ₹35 per share final dividend. Details here
Multibagger small-cap stock: Lumax Industries share price will remain in focus on Monday after the company announced the record date for its final dividend on July 19. Amid weak market sentiments, the multibagger small-cap stock ended the Friday's session in red at ₹ 3,900. However, the small-cap stock has given significant returns by soaring over 23 per cent in one month and 66 per cent in six months. The company has fixed Thursday, August 7 as the record date for ascertaining the eligibility of the shareholders for final dividend for the financial year 2024-25. According to the exchange filing, the company has further set September 23 as the date of payment of the final dividend to its shareholders. ' If dividend on Equity Shares, as recommended by the Board, is approved at the Annual General Meeting, the payment of such dividend will be made on or before September 23, 2025 to all the shareholders holding shares on the record date,' the company said. The BSE small-cap company had proposed a final dividend of 350 per cent, equivalent to ₹ 35 per share with a face value of ₹ 10, along with its Q4 FY2025 results. "Recommendation of Final Dividend of ₹ 35 per Equity Share (350%) of the Face Value of ₹ 10 for the Financial Year 2024-25 subject to the approval of Shareholders in the ensuing Annual General Meeting of the Company," Lumax Industries had said in a regulatory filing. Lumax Industries has distributed a dividend of ₹ 35 per share to its shareholders in 2024. In the preceding years, the company had declared dividends of ₹ 27 in 2023, ₹ 13.50 in 2022, and ₹ 7 in 2021 per share. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Dubai Eye
an hour ago
- Business
- Dubai Eye
Dubai RTA Completes 22 New Bus Stations
The Roads and Transport Authority (RTA) has announced the completion of 22 new public bus stations across Dubai, a significant step forward in the emirate's mission to expand and modernise its public transportation infrastructure. The new facilities include 16 passenger stations and 6 bus shelters strategically developed to serve Dubai's growing population and enhance commuter experience. The project forms part of the RTA's broader strategic plan aimed at creating an integrated, safe, and reliable transport system that meets the evolving needs of both residents and visitors. His Excellency Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors at RTA, emphasised the initiative's role in supporting Dubai's long-term mobility goals. 'This project reflects our continued commitment to developing public transport infrastructure and promoting increased use of mass transit for daily mobility,' said Al Tayer. #RTA has completed improvements of 22 public bus stations across #Dubai. The station development project complements RTA's investment in a modern fleet of public buses that meet the highest standards of safety, comfort, and quality. The buses comply with the European 'Euro 6'… — RTA (@rta_dubai) July 20, 2025 In addition to serving passengers, the newly constructed bus shelters will also play a vital operational role. They will function as key facilities for the maintenance and cleaning of Dubai's public bus fleet, which currently includes 1,387 vehicles. The development aligns with Dubai's vision of a smart and sustainable transport network and marks another milestone in its efforts to reduce road congestion and carbon emissions through greater reliance on public transport.
TAG 91.1
2 hours ago
- Business
- TAG 91.1
Dubai RTA Completes 22 New Bus Stations
The Roads and Transport Authority (RTA) has announced the completion of 22 new public bus stations across Dubai, a significant step forward in the emirate's mission to expand and modernise its public transportation infrastructure. The new facilities include 16 passenger stations and 6 bus shelters strategically developed to serve Dubai's growing population and enhance commuter experience. The project forms part of the RTA's broader strategic plan aimed at creating an integrated, safe, and reliable transport system that meets the evolving needs of both residents and visitors. His Excellency Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors at RTA, emphasised the initiative's role in supporting Dubai's long-term mobility goals. 'This project reflects our continued commitment to developing public transport infrastructure and promoting increased use of mass transit for daily mobility,' said Al Tayer. #RTA has completed improvements of 22 public bus stations across #Dubai. The station development project complements RTA's investment in a modern fleet of public buses that meet the highest standards of safety, comfort, and quality. The buses comply with the European 'Euro 6'… — RTA (@rta_dubai) July 20, 2025 In addition to serving passengers, the newly constructed bus shelters will also play a vital operational role. They will function as key facilities for the maintenance and cleaning of Dubai's public bus fleet, which currently includes 1,387 vehicles. The development aligns with Dubai's vision of a smart and sustainable transport network and marks another milestone in its efforts to reduce road congestion and carbon emissions through greater reliance on public transport.
NDTV
8 hours ago
- Politics
- NDTV
Tirupati Board Suspends 4 Non-Hindu Employees, Members Welcome Decision
The Tirumala Tirupati Devasthanams (TTD), the administrative body that oversees the Sri Venkateswara Temple in Andhra Pradesh's Tirumala, suspended four employees on Saturday over allegations that they were following religions other than Hinduism, which is a direct violation of the institution's code of conduct. The TTD's decision comes in the wake of internal inquiries and a report submitted by its Vigilance Department. The employees' alleged practice of non-Hindu religious faiths is considered a breach of the institution's code of conduct, which mandates that individuals employed within the TTD system must adhere to the tenets of the Hindu faith in both conduct and practice. "In this context, after examining the report submitted by the TTD Vigilance Department, action was taken against them as per the rules and the four employees were immediately suspended," stated a press release issued by the Chief Public Relations Officer (CPRO) of TTD, Tirupati. The TTD has a long-standing rule, reinforced in 2007, which mandates only Hindu employees for its workforce. Bhanu Prakash, BJP TTD Board member supported the suspension and alleged that these employees lacked faith in Hinduism. He said they were using the deity's resources while maintaining faith in other religions. He said that their struggle would continue until the last non-Hindu employee is removed. In a meeting chaired by TTD Chairman B R Naidu, the Board decided to transfer the non-Hindu employees to other government departments or offer them voluntary retirement (VRS). Earlier this July, the Board had suspended its Assistant Executive Officer (AEO) with immediate effect for allegedly practising another faith in his hometown in Tirupati district. In February this year, the TTD Board took action against 18 non-Hindu employees, who allegedly followed other religions despite taking an oath to uphold and follow the Hindu faith when they joined. All of them were barred from taking part in religious activity of the temple and take a transfer to positions that are not connected to the temple.
NBC News
15 hours ago
- Business
- NBC News
Astronomer CEO resigns after Coldplay 'kiss cam' scandal
Data company Astronomer said Saturday that its CEO has resigned, days after a 'kiss cam' at a Coldplay concert in Massachusetts showed a man and a woman embracing each other before running off and becoming one of the most viral moments of the year. The New York-based tech company said in a statement on X that its CEO Andy Byron 'tendered his resignation, and the Board of Directors has accepted.' Byron was identified by online users as the man in the viral video, with users claiming that he is a married man. However, NBC News has not independently confirmed this or identified the woman. 'As stated previously, Astronomer is committed to the values and culture that have guided us since our founding,' the company said. 'Our leaders are expected to set the standard in both conduct and accountability, and recently, that standard was not met.' The company added that it will begin a search for its next chief executive, while its co-founder and Chief Product Officer Pete DeJoy will service as its interim CEO. Byron did not immediately respond to a request for comment and has not responded to previous inquiries. The debacle began on Wednesday at a Coldplay concert at Gillette Stadium in Foxborough when a 'kiss cam' displayed couples in the audience. When the camera landed on a blond woman and a silver-haired man — later believed by social media users to be Byron — the woman covered her face and the man ducked out of the frame. Coldplay's lead singer, Chris Martin, appeared to poke fun at the awkward moment. 'Oh, look at these two. You're all right,' he said, according to video footage from the concert that circulated widely online. 'You're OK. Oh, what? Either they're having an affair or they're just very shy.' The moment went viral online, with videos of the encounter accruing millions of views across X, Instagram and TikTok, and spawning thousands of memes. On Friday, Astronomer spoke out for the first time since the viral moment, saying in a statement that Byron was placed on leave. The little-known company, which has under 500 employees according to its LinkedIn profile, appeared to address how the fanfare around the 'kiss cam' incident has affected its reputation in its Saturday statement. 'While awareness of our company may have changed overnight, our product and our work for our customers have not,' the company said.
