Mazagon Dock Shipbuilders Limited has announced a second interim dividend of ₹3 per equity share (face value ₹5 each) for the financial year 2024-25. This decision was taken during the Board of Directors meeting held on April 8, 2025.
As per the regulatory filing under Regulation 30 and 42 of the SEBI (LODR) Regulations, 2015, the company has set Wednesday, April 16, 2025, as the record date to determine eligible shareholders for this dividend. The payout is scheduled to be completed on or before May 7, 2025.
This interim dividend highlights the company’s strong financial performance and its commitment to delivering consistent shareholder value. It reflects the healthy cash flow and robust operations of one of India’s leading defence public sector undertakings.
In the same board meeting, Shri Ruchir Agrawal, Director (Finance), was appointed as the Chief Financial Officer (CFO) of the company, marking a key leadership update.
The board meeting began at 11:00 AM and concluded at 2:00 PM.
In the meantime, Mazagon Dock Shipbuilders Ltd opened at ₹2,410 today, reaching a high of ₹2,447.55 and dipping to a low of ₹2,342.00 during the session. The stock remains a strong performer, having touched a 52-week high of ₹2,930.00, a significant rise from its 52-week low of ₹1,045.00.
