CG Power and Industrial Solutions has announced the approval of an interim dividend for the financial year 2024-25. The company’s Board of Directors, in a meeting held on March 18, 2025, approved an interim dividend of ₹1.30 per equity share, representing 65% of the face value of ₹2 per share. This decision aligns with the company’s commitment to rewarding its shareholders while maintaining financial stability.
In the exchange filing, the company shared, “The Board of Directors of the company at its Meeting held today i.e. 18th March, 2025 have considered and approved the payment of Interim Dividend at Rs. 1.30/- per Equity Share i.e. 65% on face value of Rs. 2/‐ per share for the Financial Year 2024-25.”
The record date for determining eligible shareholders is set for March 22, 2025. Investors holding shares as of this date will be entitled to receive the dividend. The payment of the interim dividend is scheduled to be disbursed on or after April 16, 2025, ensuring compliance with the provisions of the Companies Act, 2013, which mandates payment within 30 days of declaration.
The Board meeting, which commenced at 10:30 a.m. and concluded at 1:30 p.m. (IST), also reaffirmed CG Power’s strategic focus on shareholder value creation.
