Rs 25 Dividend Alert: How To Trade This Specialty Chemical Stock Before May 14 Record Date?

When it comes to providing foundry solutions and consumables, Foseco India is a global leader. Foseco provides a large selection of equipment and foundry supplies to satisfy the needs of the many kinds of cast iron. With a market valuation of Rs 2,340.64 Cr, the shares of Foseco India, a small-cap specialty chemical firm, closed Wednesday 1.12% down at Rs 3665 a share. This was following the announcement by the company of the record date for its upcoming dividend of Rs 25.

Foseco India Dividend

For the fiscal year that ended on December 31, 2024, the firm announced a final dividend of Rs. 25/-per share, or 250 percent, on the paid-up equity shares of Rs. 10 apiece.

Foseco India Dividend Record Date

"The final dividend, if declared at the AGM, shall be paid/credited on or before Thursday, June 19, 2025 as under, to those Members of the Company: i) whose names appear in the Company's Register of Members in respect of shares held in physical form, after giving effect to all valid share transmission request lodged with the Company on or before the close of business hours on Wednesday, May 14, 2025; and ii) whose names appear as beneficial owners in respect of shares held in demat form, as per the details furnished for this purpose by the National Securities Depository Limited and the Central Depository Services (India) Limited, as of the close of business hours on Wednesday, May 14, 2025," said Foseco India in a statement on Wednesday.

Foseco India Dividend Eligibility Window: Register of Members To Close May 15-21 Ahead of Payout

"The Register of Members and Share Transfer Books of the Company will remain closed from Thursday, May 15, 2025 to Wednesday, May 21, 2025 (both days inclusive) in terms of the provision of Section 91 of the Companies Act, 2013, for determining the entitlement of the members to the payment of final dividend, if declared at the Meeting," Foseco India informed stock exchanges.

Foseco India Q4 Result Date

"We wish to inform you that a Meeting of the Board of Directors of the Company will be held on Wednesday, May 14, 2025, inter alia, to consider and approve the Unaudited Financial Results of the Company for the quarter ended March 31, 2025. The Trading Window for dealing in the securities of the Company shall remain closed from April 1, 2025 until May 16, 2025 (both days inclusive) for all the specified person defined in the Code formulated by the Company, inter-alia, for the purpose of considering and approving the Unaudited Financial Results of the Company as above, in terms of the provision of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015," Foseco India confirmed in a regulatory filing.

Foseco India Share Price Target

"Foseco India is showing positive momentum as it holds firmly above key support levels and continues to make higher highs and higher lows on the chart. The stock has seen sustained buying interest with increasing volume, indicating strong participation. RSI remains in a healthy bullish zone, supporting further upside. If it sustains above ₹3,650, it may move higher towards ₹3,800-₹3,950. Dips near ₹3,600-₹3,620 can be considered as fresh buying opportunities," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

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