GMM Pfaudler Limited has announced that its Board of Directors, in a meeting held on May 21, 2025, recommended a final dividend of ₹1 per equity share for the financial year 2024-25. This recommendation pertains to 4.5 crore fully paid-up equity shares and is subject to shareholder approval at the upcoming 62nd Annual General Meeting (AGM), scheduled for Friday, August 1, 2025.
Dividend Details| Particulars | Details |
|---|
| Dividend per share | ₹1.00 |
| Record Date | July 25, 2025 |
| Payment Date | On or before August 28, 2025 |
Dividend Recommendation and Payment
The proposed final dividend of ₹1 per equity share signifies the company's commitment to returning value to its shareholders. This recommendation was made by the Board of Directors during their meeting on May 21, 2025. If approved by the shareholders at the 62nd AGM, the dividend will be disbursed to all eligible shareholders whose names appear in the company's Register of Members as of the record date, which has been set for Friday, July 25, 2025. The payment of this final dividend is slated to occur on or before Thursday, August 28, 2025. The dividend will be paid electronically to shareholders who have updated their bank account details, utilizing various online transfer mechanisms.
Annual General Meeting Details
The 62nd Annual General Meeting of GMM Pfaudler Limited is scheduled to be held on Friday, August 1, 2025, at 12:00 PM Indian Standard Time. In compliance with the relevant circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI), the AGM will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The primary agenda for this meeting includes seeking shareholder approval for the recommended final dividend, along with other business as outlined in the AGM notice. The notice for the 62nd AGM, along with the Annual Report for the financial year 2024-25, will be made available on the company's website (www.gmmpfaudler.com), as well as on the websites of BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com).
Shareholder Information and E-voting
To ensure timely receipt of the dividend, shareholders are strongly encouraged to update their Know Your Customer (KYC) details, including their email addresses and bank account information, with their respective depositories (for shares held in dematerialized mode) or the Registrar and Transfer Agent (RTA) (for shares held in physical mode). This will facilitate direct credit of the dividend amount to their bank accounts on the payment date. Shareholders who have not yet registered their email addresses can do so by visiting the link:
https://web.in.mpms.mufg.com/EmailReg/Email_Register.html. For updating bank accounts and other service-related inquiries, shareholders can use the link:
https://web.in.mpms.mufg.com/helpdesk/ServiceRequest.html. Prescribed forms for KYC updates can be downloaded from:
https://web.in.mpms.mufg.com/KYC-downloads.html. It is important to note that email IDs registered via the first link are specifically for receiving the Annual Report for FY2024-25. Furthermore, GMM Pfaudler Limited will provide a remote e-voting facility for all shareholders to cast their votes on the resolutions proposed in the AGM notice. Shareholders will have the option to utilize this remote e-voting facility or the e-voting option during the AGM itself. Detailed procedures for e-voting will be provided in the AGM notice.
Tax Implications and Compliance
Shareholders should be aware that, as per the Income Tax Act, 1961, as amended by the Finance Act 2020, the dividend amount paid or distributed by the company after April 1, 2020, is taxable in the hands of the shareholders. Consequently, the company will be required to deduct Tax Deducted at Source (TDS) from the dividend at the prescribed rates. The applicable TDS rate will depend on the residential status of the shareholder and the documents submitted to and accepted by the company. Shareholders are advised to submit the necessary documents as per the provisions of the Income Tax Act, 1961, to ensure the correct TDS deduction. Detailed tax rates and required documents will be communicated in the AGM notice. For any queries related to the dividend or other shareholder services, shareholders can contact the RTA at mt.helpdesk@in.mpms.mufg.com. This announcement is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable circulars issued by the MCA and SEBI. The notice was also published in the Naya Padkar, Anand edition, on July 3, 2025.
