Paras Defence and Space Technologies Ltd. announced on Friday that Aug. 8 would be the record date for its final dividend for the fiscal year 2024-25. The dividend amounts to Rs 0.50 per share with a face value of Rs 5 each, as stated in an exchange filing by the company.
What is the Record Date?
The record date is critical as it determines which shareholders are eligible to receive the final dividend payout.
Payment Details
The final dividend will be disbursed to the shareholders, after necessary tax deductions, within 30 days from the annual general meeting date. This payment will be made to members or beneficial owners listed in the register of members or depository records.
For more information, you can visit the official announcement from Paras Defence and Space Technologies Ltd. here.
