Ksolves India Limited has announced a 2nd interim dividend of ₹8 per share for FY 2024-25. The record date for this dividend is set as October 28, 2024. Payment of the dividend will follow soon after, with shareholders expected to receive it from November 14, 2024.
In addition to the dividend declaration, the company has also approved the grant of 17,500 options under the Ksolves Employee Stock Option Scheme I 2024 and 42,500 options under Ksolves Employee Stock Option Scheme II 2024. These stock options provide employees the opportunity to purchase company shares at a favorable price, incentivizing continued performance and commitment.
The company has also announced that the trading window for dealing in its securities will remain closed until October 22, 2024, ensuring that no unfair advantage is taken during the dividend and stock option issuance period. This is being communicated to all designated persons to ensure compliance.
The decision underscores Ksolves India Limited’s commitment to rewarding its shareholders while fostering growth and engagement within its workforce
