Hindustan Aeronautics Limited (HAL) on Friday announced that the Board of Directors, at its meeting, has recommended a final dividend of Rs 15 per equity share of Rs 5 each (300%) for the financial year 2024–25. The proposal is subject to shareholder approval at the upcoming Annual General Meeting (AGM). Upon approval, the dividend will be disbursed within 30 days from the date of the AGM.
"The record date for determining the eligibility of shareholders for the final dividend has been fixed as Thursday, 21st August 2025, contingent on shareholder approval during the AGM," HAL said in a regulatory filing
The board has also approved the appointment of M/s Murthy & Co. LLP, Cost and Management Accountants, as the Cost Auditor for the financial year 2025–26.
The shares of the company closed at Rs 4,896.60 apiece.
Meanwhile, Hindustan Aeronautics Ltd (HAL) reported a nearly 8% drop in its fourth-quarter profit on Wednesday, weighed by a delay in the supply of its Tejas light combat aircraft.
The fighter jet maker's consolidated profit fell to Rs 3,977 crore in the quarter ended March 31, from Rs 4,309 crore a year earlier.
HAL's revenue was expected to take a hit due to delays in the supply of Tejas Mk 1A light combat aircraft, analysts had said, even as ordering activity in the defence sector remained steady throughout the quarter.
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