Last Chance To Catch ICRA’s Rs 60 Dividend: Record Date Nears On July 25; How To Position Your Trade?

One of the top suppliers of information and valuation services to the Indian mutual fund sector is ICRA Limited. Established in 1991, ICRA Limited was originally known as the Investment Information and Credit Rating Agency of India Limited. With the record date getting closer on July 25, ICRA Ltd. is expected to continue to be closely watched this week as the small-cap company prepares for a sizable dividend distribution of Rs 60 per share. Market players may try to accumulate the shares in order to qualify for the dividend, as there are just three trading sessions remaining before the record date.

ICRA Dividend

"The Board of Directors recommends for approval of the members at the forthcoming AGM, payment of dividend of Rs 60 per equity share of face value of H 10 each for the financial year ended March 31, 2025. If the members approve the dividend at the ensuing AGM, the dividend shall be paid to: (i) all those members whose names appear in the Register of Members as on July 25, 2025 (Record Date); and (ii) all those Members whose names appear as beneficial owners as per the details furnished by the National Securities Depository Limited (NSDL) and the Central Depository Services (India) Limited (CDSL) on the close of business hours as on that date," said ICRA in its annual report for FY25.

"The Register of Members and Share Transfer Books of the Company shall remain closed from Saturday, July 26, 2025 to Wednesday, July 30, 2025 (both days inclusive) for determining the names of Members eligible to receive the dividend declared, if any, on the equity shares of the Company. If the Members approve the payment of dividend at the forthcoming AGM, the dividend shall be paid to all those Members whose names appear in the Register of Members as on Friday, July 25, 2025 ("Record Date"), and to all those Members whose names appear as beneficial owners as per the details furnished by National Securities Depository Limited ("NSDL") and Central Depository Services (India) Limited ("CDSL") on the close of business hours as on that date," ICRA stated in its FY25 annual report.

ICRA Q1 Result Date Announcement

"Pursuant to Regulation 29 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), please be informed that a meeting of the Board of Directors of ICRA Limited (the "Company") is scheduled to be held on Thursday, July 31, 2025 inter alia, to consider and approve the unaudited financial results (standalone & consolidated) of the Company for the quarter ended June 30, 2025," ICRA confirmed in a regulatory filing.

ICRA Share Price Target

"ICRA is currently trading at ₹6,771.50 and has recently witnessed a strong bounce from lower levels, suggesting buying interest at support zones. However, the stock is now consolidating in a defined range, indicating indecision among market participants. Despite the recovery, ICRA has breached its short-term Exponential Moving Average (EMA), reflecting some short-term weakness. The Relative Strength Index (RSI) stands at 50.88, having cooled off from higher levels and now showing a sideways movement-further hinting at a lack of clear directional momentum," commented Hardik Matalia - Derivative Analyst at Choice Broking.

"The stock still holds above its medium- and long-term EMAs, which keeps the broader structure intact. However, a breach below the ₹6,600 mark and the medium-term EMA may invite more extended selling pressure and shift the bias toward the downside in the near term. Short-term traders are advised to stay cautious and wait for a decisive breakout above ₹7,150 for confirmation of fresh upward momentum. Until then, range-bound action may continue," the analyst added.

"Long-term investors can consider partially booking profits at current levels and look to re-enter on meaningful dips, as long as the stock sustains above its key support zone. A sustained move below ₹6,600, however, would warrant a re-evaluation of the long-term bullish outlook," Hardik Matalia further recommended.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.