Mishra Dhatu Nigam Limited (MIDHANI), a Hyderabad-based government enterprise, has scheduled a board meeting on March 20, 2025, to discuss the declaration of an interim dividend. The company has also announced the record date and a trading window closure in accordance with SEBI regulations.
Mishra Dhatu Nigam Limited (MIDHANI), a government enterprise under the Ministry of Defence, has announced a board meeting on March 20, 2025, to consider a proposal for the declaration of an interim dividend for the financial year 2024-25. The company, known for its specialization in high-performance metals and alloys, plays a crucial role in India’s defense and aerospace sectors.
As per the official statement, if the board approves the interim dividend, the record date for shareholder entitlement has been set for March 20, 2025. This ensures that only those shareholders holding shares on this date will be eligible for the dividend.
Additionally, in compliance with SEBI’s Prohibition of Insider Trading Regulations, 2015, and MIDHANI’s internal code of conduct, the trading window for designated persons and their immediate relatives will remain closed from March 13, 2025, to March 22, 2025. During this period, trading in the company’s equity shares is restricted to prevent any potential insider trading violations.
Investors and stakeholders are advised to take note of these announcements as MIDHANI moves forward with its financial decisions for the ongoing fiscal year.
