100% Dividend: NBFC Stock Announces Interim Dividend; How To Be Eligible Before Record Date ?

Dividend Alert: Mumbai based NBFC Authum Investment Infrastructure Limited (AIIL) on Friday declared an interim dividend for its equity and preferential shareholders for the financial year 2024-25.

Along with announcing interim dividend for FY 25, AIIL fixed record date to finalise the eligibility of shareholders who will get benefit of the dividend payment. Dividend payment record date is a specific date when a company fixes the shareholder eligibility for distribution. AIL share price closed in red after dividend announcement on Friday.

AIIL share price today

Shares of Authum Investment Infrastructure Limited (AIIL) closed 3.22% lower at Rs 1545.75 per share on BSE on Friday. The company's market capitalisation stood at Rs 26,253.81 crore at the end of Friday's trading session. AIIL share price value has improved over the past few weeks, the company recently touched a 52-week high mark of Rs 52 week high mark of Rs 2,010 per share on BSE on 3 January 2025. Meanwhile, it touched its 52-week lowest mark of Rs 691 apiece on BSE on 27 March, 2025.

AIIL Dividend record date

The board had declared an interim dividend of 7% of face value Rs 10 per fully paid up preference shares for FY 25. Additionally, eligible equity shareholders will get 100% interim dividend, announced by the company today. The Mumbai-based non-banking lender had fixed Thursday, March 27 as AIIL Dividend Record. Whereas, the dividend will be paid out to eligible shareholders on or before April 19.

"The Board had declared an Interim dividend of 100% of face value Rs. 1/- each fully paid up equity shares for the Financial Year 2024-25, subject to deduction of tax at source, if any, to be paid to those equity shareholders whose names appear in the Register of Members of the Company as on Thursday, March 27, 2025 being the Record Date, for the purpose of payment of the said dividend. The interim dividend payout will be made to eligible equity shareholders on or before Saturday, April 19, 2025," said the company in its stock exchange filing released on Mardh 21.

AIIL Dividend payment history

As per the data available on BSE, the company has announced dividend for its shareholders for the first time. The company had declared a stock split from Rs 10 to Re 1 per share on 20 October, 2021.

AIIL acquires Pratap Snacks Limited

Earlier in March, AIIL announced acquisition of 42.33% stakes in Rs. 728.75 crore-worth snack maker Pratap Snacks Limited. The company executed the acquisition through a combination of open market purchases and share purchase agreement.
The share purchase agreement and open offer was executed for up to 62,98,351 equity shares of PSL (constituting 26.01% of the voting share capital) ("Open Offer"), subject to requisite approvals.

For PSL's acquisition, AIIL purchased over 1,02,48,709 equity shares of of the snack maker. Now, AIIL represents around 42.33% of the voting share capital in PSL, which is an Indian snack food company engaged in the business of manufacturing and marketing of multiple product variants. AIIL acquired around 127 equity shares of PSL by way of open offer on February 6, 2025 and 1,02,48,582 equity shares under the SPA in February.