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HomeMarket NewsBonus, Stock Split, Buyback, Dividend: Balmer Lawrie may consider these proposals on May 21
Balmer Lawrie will consider a share buyback proposal, a bonus issue through shares, splitting of shares, and a dividend, while announcing its financial results on May 21.
By Meghna Sen April 30, 2025, 1:39:40 PM IST (Updated)
The board of Balmer Lawrie Investments Ltd., will meet on May 21, 2025, to consider various methods to enhance shareholder returns, the company said in an exchange filing on Wednesday, April 30.
Balmer Lawrie will consider a share buyback proposal, a bonus issue through shares, splitting of shares, and a dividend, while announcing its financial results on May 21.
In case Balmer Lawrie Investments announces a bonus issue and share buyback, this would be the first such instance for the company doing so as a public company.
The company had carried out a stock split in 2024, where it had split one equity share carrying face value of ₹10 into 10 equity shares carrying face value of ₹1 each.
The recommended of dividend on the equity shares of the company for the financial year ended on March 31, 2025, if any, would be paid to the shareholders within 30 days from the date of such declaration.
Shares of Balmer Lawrie Investments Ltd. were trading 1.07% higher on Wednesday at ₹73.62. The stock is down 12% in the last six months, while its down 2% so far in 2025.
First Published:
Apr 30, 2025 1:35 PM
IST
