Veto Switchgears Shares Gain Almost 5% as Board Fixes September 22 Record Date for ₹1 Dividend

Jaipur, September 18, 2025 – Shares of Veto Switchgears and Cables Ltd (BSE: 539331, NSE: VETO) raised on thursday to an intraday high of ₹131.38, and increase by 4.99% as the company announced that it has fixed September 22, 2025 as the record date to determine shareholders eligible for its proposed final dividend of ₹1 per equity share (10 percent on the face value of ₹10). The proposal is subject to approval at the company’s upcoming 18th Annual General Meeting.

Dividend History

Veto Switchgears and Cables Ltd has maintained a steady record of distributing both final and interim dividends. Since 2016, the company has been paying dividends consistently, starting with ₹0.50 per share in an interim dividend and ₹1.50 as a final dividend in the same year. The company paid ₹1.00 per share as an interim dividend, followed by ₹1.00 per share as a final dividend in the year 2017.

The company paid a higher final dividend in 2018 at ₹2.00 while it skipped the interim dividend that year. The company skipped dividends altogether during the COVID years, 2019-2020, but resumed them in 2021 with a final dividend of ₹1.00 and has continued with the same till date.

Market Snapshot

As of September 18, 2025, shares of Veto Switchgears And Cables Limited closed at ₹125.75, up by 0.61 points, a 0.49% increase. The company had an overall traded volume of 2.13 lakh shares while its total traded value and total market cap stood at ₹2.71 crore and ₹240.37 crore, respectively. The market has closed.

Veto Switchgears and Cables Ltd was founded in 1967. The company operates in the electrical equipment industry with a wide product range, including wires, cables, fans, switchgears, and LED lighting solutions. It is headquartered in Jaipur and is listed on NSE and BSE under the ticker VETO and 539331, respectively. With a strong distribution network across India and international markets, the company has continued to cater to diverse electrical segment needs.

REF: https://nsearchives.nseindia.com/corporate/VETO_18092025152813_INTIMATIONOFRECORDDATE.pdf

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