Minda Corp declares record date for 45% final dividend in FY25. Details here
Minda Corporation Limited announced the Record Date for Payment of Final Dividend for the Year 2024-25. In its intimation to the National Exchange of India and the BSE or the Bombay Stock Exchange or BSE, Minda Corp intimated that its Board of Directors have fixed Thursday, August 14, 2025, as the "Record Date for Dividend Payout for identifying the list of shareholders that will be eligible to receive the final dividend.
Record date implies that the shareholders who wish to reap the benefits of Dividend announcements by the company and want to receive dividend need to buy the Minda Corp shares one day prior to the record date in order to see their names appear in the list of eligible share holders to receive dividends as per T+1 Settlement procedure.
Minda Corporation in its release said that the Board of Directors of the company has fixed Thursday, August 14, 2025, as the "Record Date" for the purpose of ascertaining the eligibility of shareholders for the payment of final dividend for the year 2024-25
Mindia Corporation in its intimation on the exchanges on Thursday 29 May 2025 said that it would like to notify the exchanges that the Final Divided was discussed and approved by the company's board of directors during their meeting held on Tuesday, May 27, 2025: The Minda Corp Board of Directors approved and recommended Final dividend for 239,079,428 equity shares of Rs. 2/- (Rupees Two) each, at 45% (considering the face value of shares), or Rs. 0.90/-per equity share.
Minda Corp share price that had dipped to closing lows of ₹ 468.55 on the BSE on 9 May 2025 with volatility in the Indian Stock Market, however have been rebounding well. The Minda Corp share price is trading close to ₹ 528 levels now.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
8 minutes ago
- India.com
Rs 20000000000 earned in just 2 days! Blinkit makes Deepinder Goyal even richer by..., beats BIG companies like Wipro, Tata Motors, others
BIG trouble for Deepinder Goyal as internal whistleblower alleges... Zomato CEO responds, says.... Deepinder Goyal, one of India's modern business icons, is once again in the news. His company, Eternal, has seen a big jump in its share price and the reason behind this sudden rise is its quick commerce business, Blinkit. Because of this sharp rally, Goyal's personal wealth has gone up by nearly Rs. 2,000 crore in just two days. In the last two trading sessions, Eternal's shares have increased by over 21 per cent. On the NSE, the stock even hit an all-time high of Rs. 311.60. This strong performance has pushed Eternal's market value beyond Rs. 3 lakh crore, making it more valuable than big names like Wipro, Tata Motors, Nestlé, and Asian Paints. Deepinder Goyal's net worth crosses Rs. 11,500 crore Deepinder Goyal, who is 42 years old, owns 3.83 per cent of Eternal. Thanks to the rise in the share price, his total wealth has now crossed Rs. 11,515 crore. According to Forbes, his net worth is now about USD 1.9 billion, placing him among the fastest-growing entrepreneurs in India. The rise in Eternal's share price The rise in Eternal's share price is not random as the biggest reason behind it is the growth of its quick delivery business, Blinkit. According to reports, Blinkit's net order value (NOV) has now become bigger than Zomato's food delivery business. Eternal's success is also helping its competitors and investors. For example, Swiggy's shares jumped 7 per cent in a single day. Info Edge, which owns 12.38 per cent of Eternal, saw its stock price rise by more than 3 per cent. Now, Eternal is planning to open 3,000 Blinkit stores in the future, though the exact time of the plan has not been revealed yet. Who is Deepinder Goyal and how did he start Zomato? Deepinder Goyal is the co-founder and CEO of Zomato. He started the company in 2008 along with his friend Pankaj Chaddah. At first, the website was called Foodiebay. It simply showed menus of different restaurants. The idea came to him when he was working at Bain & Company. He noticed that people in his office often struggled to find restaurant menus during lunch. That's when he got the idea as to why not put all the menus of the restaurants in one platform? Later in 2010, the company was renamed Zomato, and it slowly became a popular name in the food industry. What was Deepinder Goyal's early life and education like? Deepinder Goyal was born on 26 January 1983 in a small village in Punjab. He did his schooling in Chandigarh. After that, from 2000 to 2005, he studied at IIT Delhi, where he earned a degree in Mathematics and Computing. After college, he got a job at Bain & Company, a global consulting firm. That's where his journey toward starting Zomato began. What services does Zomato offer today? Today, Zomato offers many useful services in India and the UAE. It helps people order food online, book tables at restaurants, and read reviews written by other customers. In 2022, Zomato also bought Blinkit (which was earlier called Grofers). Blinkit delivers groceries and daily essentials in just 10 minutes.
Mint
8 minutes ago
- Mint
Brigade Hotel Ventures IPO opens tomorrow: GMP, issue details, 10 key things to know
The initial public offering (IPO) of Brigade Hotel Ventures is set to open for subscription on Thursday, July 24. The IPO which is entirely a fresh issue of 8.44 crore shares will conclude on Monday, July 28. Brigade Hotel Ventures owns and develops hotels in key cities in India, primarily across South India. Brigade Hotel Ventures is a subsidiary of BEL (Brigade Enterprises) which is a real estate developer in India. 1. Brigade Hotel Ventures GMP today: According to grey market sources, Brigade Hotel Ventures's latest grey market premium (GMP) is ₹ 11. This indicates that the stock could be listed at a 12 per cent premium. 2. Brigade Hotel Ventures IPO date: Brigade Hotel Ventures IPO opens for subscription on Thursday, July 24, and closes on Monday, July 28. 3. Brigade Hotel Ventures IPO price band: Brigade Hotel Ventures IPO price band has been fixed in the range of ₹ 85 to ₹ 90 per equity share. 4. Brigade Hotel Ventures IPO lot size: Brigade Hotel Ventures IPO lot size is 166 equity shares. The maximum lot size for retail investors is 13. 5. Brigade Hotel Ventures IPO details: Brigade Hotel Ventures IPO is a completely fresh issue of 8.44 equity shares. There is no offer for sale (OFS) component, according to Red Herring Prospectus (RHP). 6. Brigade Hotel Ventures IPO objective: According to the RHP, the company intends to use the net proceeds to repay certain borrowings, pay consideration for buying undivided shares of land from its promoter, BEL, pursue inorganic growth through unidentified acquisitions, and fund other strategic initiatives and general corporate purposes. 7. Brigade Hotel Ventures IPO listing date and allotment details: The company is expected to finalise the share allotment on Tuesday, July 29. Successful bidders can expect the shares of the company credited to their demat accounts on Wednesday, July 30. The stock may be listed on the BSE and the NSE on Thursday, July 31. 8. Brigade Hotel Ventures IPO lead manager and registrar: JM Financial is the book-running lead manager, while KFin Technologies is the registrar for the issue. 9. Brigade Hotel Ventures IPO reservation: Brigade Hotel Ventures IPO has reserved 75 per cent of the issue for qualified institutional buyers (QIB), and 15 per cent for non institutional investors (NII). For retail investors, the company has reserved 10 per cent of the issue. 10. Brigade Hotel Ventures business review: As of March 31, 2025, the company ranks as the second-largest owner of chain-affiliated hotels and hotel rooms in South India. Its profit fell by 24 per cent year-on-year (YoY) in FY25 to ₹ 23.7 crore. However, revenue for this period increased by 16.6 pr cent to ₹ 468.3 crore. Read all market-related news here Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
Mint
8 minutes ago
- Mint
Aditya Birla Real Estate share price tanks over 6% after company posts net loss in Q1FY26
Aditya Birla Real Estate share price declined over 6% on Wednesday after the company reported its Q1 results with a consolidated net loss. Aditya Birla Real Estate shares dropped as much as 6.74% to ₹ 1,991.05 apiece on the BSE. Aditya Birla Real Estate (ABREL) reported a consolidated net loss of ₹ 27.08 crore for the first quarter of this fiscal, as against a net profit of ₹ 17.35 crore in the year-ago period. However, the company' net loss in the April-June quarter narrowed from the loss of ₹ 135.20 crore posted in the March 2025 quarter. The company's total revenue in Q1FY26 declined 57% to ₹ 157.41 crore from ₹ 365.24 crore, year-on-year (YoY). During the first quarter of 2025-26 fiscal, ABREL posted a net loss of ₹ 47.30 crore from continued operations while it clocked a profit of ₹ 20.22 crore from the discontinued operations. Aditya Birla Real Estate, formerly known as Century Textiles & Industries Ltd, has recently sold its pulp and paper business. Aditya Birla Real Estate has also announced raising of funds up to ₹ 1,500 crore, in one or more tranches, by way of availing secured or unsecured Rupee Term Loan within the borrowing limits approved by the shareholders. The fundraising is done to refinance the existing debts of the company taken for capex use of Century Pulp and Paper division of the Company (CPP) and release of charges or encumbrances created on the assets of CPP for such loans, in view of the proposed sale of CPP division of the Company to ITC, Aditya Birla Real Estate said in a regulatory filing on July 23. Aditya Birla Real Estate share price has dropped 16% in one month, but the stock has risen 5% in the past six months. On a year-to-date (YTD) basis, Aditya Birla Real Estate shares have declined 20%, while it has fallen 8% in one year. Despite recent weakness, the real estate stock has delivered robust long-term returns — surging 150% over a three-year period and delivering multibagger gains of 560% in the last five years. At 2:30 PM, Aditya Birla Real Estate share price was trading 5.95% lower at ₹ 2,008.00 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
