Big Rs 25 Dividend Today! Ex-Date On 2nd April; Is This Small-Cap Stock A Hot Pick?

ADC India Communications provides customers in the Indian Subcontinent with the whole spectrum of the top copper, fiber, and broadcast portfolios in the world. Located in Bangalore's Peenya Industrial Area, ADC India Communications Ltd. has its headquarters and a production facility certified by ISO 9001. One of the top suppliers of network infrastructure products and services is ADC India Communications. With a market value of Rs 653.73 Cr, ADC India Communications' shares closed Tuesday's trading session on the BSE 2.48% higher at Rs 1421.15 a share, ahead of the stock's ex-dividend trading on April 2.

ADC India Communications Dividend

The company's board of directors announced an interim dividend of Rs. 25/-per equity share of Rs. 10/-each (250%) for the fiscal year 2024-2025 at its meeting held on March 25, 2025. In order to ascertain whether shareholders are eligible to receive the aforementioned interim dividend, the record date is Wednesday, April 02, 2025. The aforementioned interim dividend shall be paid by April 23, 2025, at the latest, and is subject to tax deduction at source (TDS) under the terms of the Income Tax Act of 1961.

ADC India Communications News

"Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a copy of the Postal Ballot Notice dated March 25, 2025, to seek approval of the Members of the Company for the following resolutions: 1. Appointment of Mr. Jonathan Niall Murphy (DIN:10057273) as Non-Executive NonIndependent Director. 2. Material Related Party Transactions with CommScope India Private Limited," said ADC India Communications in a regulatory filing on April 01, 2025.

"In compliance with the provisions of the General Circular No. 09/2024 dated September 19, 2024 and other General Circulars issued by the Ministry of Corporate Affairs from time to time, the Postal Ballot Notice is being sent only through electronic mode to those Members whose names are recorded in the Register of Members of the Company or in the Register of Beneficial Owners maintained by the Depositories and whose email addresses are registered with Company/ Depository Participants/ Depositories/ Registrar and Share Transfer Agent of the Company as on Friday, March 28, 2025 ("Cut-off date") seeking their approval for the resolutions as set out in the Notice. The Company has engaged the services of KFin Technologies Limited, Registrar and Share Transfer Agent of the Company for the purpose of providing remote e-voting facility to all its members. The remote e-voting period commences from 9.00 a.m. (IST) on Thursday, April 03, 2025, and ends at 5.00 p.m. (IST) on Friday, May 02, 2025. The results of the Postal Ballot will be announced on or before 5.00 p.m. IST on Tuesday, May 06, 2025," ADC India Communications further informed stock exchanges.

ADC India Communications Share Price Target

"ADC India (CMP ₹1446) is trading near its recent highs, indicating strong momentum with immediate support at ₹1400 and resistance around ₹1500. Volume activity suggests steady accumulation, favoring a bullish outlook. A breakout above ₹1500 could push the stock towards ₹1550-₹1600, making it attractive for short-term gains. However, failure to hold ₹1400 may lead to consolidation or a minor pullback," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

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