Pilani Investment, Aditya Birla Group's Core Investment Arm, Nears Record Date For Rs 15 Dividend

Pilani Investment and Industries Corporation Limited, the core investment unit of the Aditya Birla Group, recorded a net profit of Rs. 98.46 crore for the fiscal year 2024-25, up from Rs. 86.07 crore a year earlier. Income also rose 7% to Rs. 307 crore, compared with Rs. 286.3 crore in FY 2023-24.

Shares of Pilani Investment climbed roughly 2.20% on Wednesday, reaching an intraday peak of Rs. 5,320.50 after closing the previous session at Rs. 5,205.80. Over the last five years, the stock has delivered multibagger gains exceeding 450%. The company now commands a market cap of more than Rs. 5,850 crore, having hit a 52-week high of Rs. 8,207.45 and a low of Rs. 3,279.55.

For the financial year 2024-25, the Board of Directors has proposed a dividend of 15 per equity share with a nominal value of 10. If the plan wins a thumbs-up at the upcoming Annual General Meeting, set for June 30, 2025, it will go ahead. Shareholders on record by June 23, 2025, will be the ones to receive the payout.

"Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Company has fixed Monday, 23rd June 2025, as the 'Record Date' for the purpose of determining the entitlement of Members to receive the aforesaid dividend for the financial year ended 31st March, 2025. If the aforesaid dividend as recommended by the Board of Directors is approved at the AGM, payment of such dividend, subject to deduction of tax at source, will be made: a) To all Beneficial Owners in respect of shares held in dematerialized form as per the data as may be made available by the National Securities Depository Limited and the Central Depository Services (India) Limited as of the close of business hours on Monday, 23rd June, 2025. b) To all Members in respect of shares held in physical form after giving effect to valid transmission or transposition requests lodged with the Company as of the close of business hours on Monday, 23rd June, 2025," said Pilani Investment in a stock exchange filing.

In another development, the Reserve Bank of India cleared the firm's shift from a Non-Banking Financial Company-Infrastructure Debt Fund NBFC-ICC to a Core Investment Company CIC, and a fresh Certificate of Registration has now been issued, cementing its role as a key holding and finance arm within the Aditya Birla Group.

Pilani Investment and Industries Corporation Limited operates as a non-deposit, non-banking financial company (NBFC) supervised by the Reserve Bank of India, which means it neither accepts public deposits nor performs routine banking functions. Most of its funds are invested in shares and securities issued by companies of the Aditya Birla Group, and it also offers prompt liquidity when those firms require extra capital.

This steady, goal-focused approach strengthens both the strategic and financial infrastructure of the larger conglomerate.

Drawing on the long-standing reputation and legacy of the Aditya Birla Group, Pilani Investment delivers consistent value to its shareholders through prudent governance and disciplined financial management.