RailTel Corporation has announced its 2nd interim dividend for the financial year 2024-25. In accordance with Regulation 30 and 42 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the Board of Directors has approved a dividend of 10% of the paid-up share capital, amounting to ₹1 per share.
The company has also set April 2, 2025, as the record date to determine shareholders eligible for this dividend. Investors holding shares as of this date will be entitled to receive the payout. The payment or dispatch of dividend warrants is scheduled for April 9, 2025.
In the exchange filing the company shared, “The Board of Directors have declared 2nd Interim dividend at the rate of 10% of paid-up share capital (Rs.1/- per share). Further, the Board of Directors has also approved Wednesday, 02nd April 2025 as “Record Date” for the purpose of payment of 2nd interim dividend of FY 2024-25. The date of payment/ dispatch of dividend warrant shall be 9th April 2025.”
The Board meeting discussing the dividend agenda began at 11:30 AM and concluded at 1:30 PM. This decision reinforces RailTel’s commitment to rewarding its shareholders while maintaining financial stability.
