Motherson Sumi Wiring India Limited has announced that its Board of Directors will meet on March 21, 2025, to consider the declaration of an interim dividend for the financial year 2024-25. The meeting will be held at shorter notice, as per the company’s regulatory filing.
This decision aligns with Regulation 29 of SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, which mandates prior intimation of key board decisions. If approved, the interim dividend could provide returns to shareholders ahead of the fiscal year-end, reflecting the company’s financial strength and cash flow position.
Investors will closely track the outcome of this meeting, as dividend announcements often impact stock price movements. Further details, including the dividend amount and record date, will be disclosed post the board meeting.
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