Kirloskar Ferrous Declares ₹2.50 Final Dividend; Sets AGM on August 4 via VC
By Shishta Dutta | Updated at: Oct 15, 2025 06:27 PM IST
Pune, July 3, 2025 — Kirloskar Ferrous Industries Limited (BSE: 500245) has announced key shareholder-related developments, including its 34th Annual General Meeting (AGM), a final dividend proposal of ₹2.50 per share, and the associated record and voting dates.
Final Dividend Details
The Board of Directors has recommended a final dividend of ₹2.50 per equity share (face value: ₹5) for the financial year 2024–25, representing a 50% payout. The dividend is subject to shareholder approval at the upcoming AGM.
| Particulars | Details |
|---|---|
| Final Dividend | ₹2.50 per share |
| Face Value | ₹5 |
| Dividend Yield | 50% |
| Record Date | July 11, 2025 |
| Dividend Payment By | On or before September 2, 2025 |
Shareholders whose names appear as beneficial owners (in demat) or as members (in physical form) as on July 11, 2025, will be eligible to receive the dividend. The dividend will be disbursed through multiple channels, including direct credit, NEFT, and cheques, depending on registered mandates.
As per the Income-tax Act, 1961 (post-Finance Act, 2020), dividend income is taxable in the hands of shareholders and subject to tax deduction at source (TDS) as per applicable slab rates.
Annual General Meeting (AGM)
The 34th AGM of the company will be convened on Monday, August 4, 2025, at 4:00 p.m. IST through video conferencing (VC) or other audio-visual means (OAVM), in accordance with applicable MCA and SEBI circulars.
| Event | Details |
|---|---|
| AGM Date | August 4, 2025 |
| Mode | VC / OAVM (no physical presence) |
| E-Voting Cut-off | July 28, 2025 |
| Remote E-Voting | August 1 (9:00 a.m.) to August 3 (5:00 p.m.) |
| Platform | NSDL |
The company will dispatch the AGM notice and FY25 annual report via email only to members whose email IDs are registered with the company, registrar, or depository participants. These documents will also be hosted on kirloskarferrous.com and bseindia.com.
Virtual Participation & Quorum
Members attending via VC/OAVM will be considered for quorum under Section 103 of the Companies Act, 2013. Detailed participation guidelines will be provided in the AGM notice.
Kirloskar Ferrous Industries Stock Performance
Kirloskar Ferrous Industries shares closed at ₹574 with a 0.35% dip on July 2, 2025. In the National Stock Exchange, Kirloskar Ferrous Industries shares have declined 23% over the last year, 11% year-to-date, and gained 4.7% in the previous month.
About Kirloskar Ferrous Industries
Kirloskar Ferrous Industries Ltd is a listed Kirloskar Group company engaged in the manufacturing of pig iron and castings, catering mainly to the automotive and engineering sectors. The company is headquartered in Pune, Maharashtra, and its equity shares are listed on the BSE under the code 500245.
REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/8aab1f9c-1cce-4c90-ab8d-30f5c1b53a64.pdf
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