Birla Corporation has extended the record date for its FY 2024-25 dividend from September 8 to September 9. The company has declared a dividend of ₹10 per share (100%). Shareholders will receive the payment after approval at the AGM. This presents an opportunity for shareholders to receive a cash reward.
Cement Company Record Date: Birla Corporation, a BSE 500 company, has announced a dividend of ₹10 per share for FY 2024-25. The company has revised the dividend payment record date from September 8, 2025, to September 9, 2025. This dividend will be distributed to shareholders subsequent to approval at the AGM. The cut-off date remains September 8, 2025, which will be used to identify members eligible to vote at the AGM. The company's shares were trading at ₹1,278.00 on Friday, reflecting a 1% decline during the trading day.
Dividend to be Paid After AGM Approval
The Board of Directors of Birla Corporation, in its meeting held on May 9, 2025, recommended a dividend of ₹10 per share. This dividend will be disbursed to shareholders upon receiving approval at the Annual General Meeting (AGM). For instance, an investor holding 1,000 shares would receive a dividend of ₹10,000.
Change in Record Date and Cut-off Date
The company has informed the exchange that the record date for the dividend has been revised from September 8, 2025, to September 9, 2025. However, there has been no alteration to the cut-off date. The cut-off date will remain September 8, 2025. This date will be utilized to ascertain the members eligible to vote at the AGM.
Implications of this Change for Investors
The revision in the record date signifies that investors who purchase shares by September 9 will be entitled to receive the dividend after its approval at the AGM. This opens up a new window of opportunity for investors to acquire shares. This is strategically significant as dividend income directly serves as a source of profit for investors.
Recent Changes in Share Price
As of Friday, September 5, 2025, at 12:40 PM on the BSE, Birla Corporation's share was trading at ₹1,278.00. This represents a decline of approximately 1%, or ₹15.70, compared to previous levels. Prior to this, the stock had also touched an intraday high of ₹1,308.85. This fluctuation clearly indicates a somewhat mixed investor sentiment in the market.
Company's Financial Standing
Birla Corporation has a b presence in the cement and construction materials sector. The company has consistently generated profits in previous years and has offered stable dividends to its investors. This time, the announcement of a 100% dividend is boosting investor enthusiasm.
Investors can now purchase shares by September 9 and receive the dividend after its approval at the AGM. This opportunity is particularly important for those looking to benefit from dividend income in the stock market this year.
According to experts, the change in the record date may lead to minor fluctuations in the stock. However, the company's robust financial position and the consistency of its dividend payouts are positive indicators for investors in the long term.
