On June 17, 2025, three Indian companies—Hindustan Zinc Ltd, Shankara Building Products Ltd, and Shri Krishna Prasadam Ltd—announced key corporate actions including dividend declarations and a resolution plan, affecting shareholders across India.
Key corporate decisions were taken by three companies listed on Indian exchanges on June 17, 2025, impacting investors nationwide. These include Hindustan Zinc Ltd, Shankara Building Products Ltd, and Shri Krishna Prasadam Ltd, each making notable announcements related to dividend payouts and restructuring moves.
Hindustan Zinc Ltd Announces ₹10 Interim Dividend
Hindustan Zinc Ltd, a subsidiary of Vedanta Ltd and one of India’s largest integrated producers of zinc and lead, has declared an interim dividend of ₹10 per share. This decision reflects the company’s continued strong financial performance and its commitment to shareholder returns.
Shankara Building Products Ltd Declares ₹3 Final Dividend
Bengaluru-based Shankara Building Products Ltd, a leading retailer of home improvement and building materials, announced a final dividend of ₹3 per share. The announcement signals stable growth and consistent earnings across FY25.
Shri Krishna Prasadam Ltd Moves to Suspension with Resolution Plan
Meanwhile, Shri Krishna Prasadam Ltd, listed on BSE, declared a resolution plan involving suspension, indicating possible financial or structural challenges. The company has not detailed the scope of the suspension but stated that actions will proceed as per regulatory guidelines.
These developments reflect a mixed day for shareholders, with dividend gains balanced by corporate uncertainty, especially for Shri Krishna Prasadam investors. All three announcements were made public on the same day—June 17, 2025—and will take effect immediately as per their respective board decisions.
