Shares of Allied Blenders and Distillers Ltd. will be of interest on Thursday, as the day marks the last session for investors to buy shares to qualify for receiving the dividend before the stock goes ex/record-date.
The record date determines the eligible shareholders who will receive the dividend payment. The ex-dividend date, which mostly coincides with the record date, marks when the share price adjusts to reflect the upcoming payout.
Allied Blenders’ board recommended a final dividend of Rs 3.6 per share for fiscal 2025. The record date to determine the shareholders eligible for the dividend payout has been fixed as June 27.
If the proposed dividend is approved, then it will be paid to the eligible shareholders within 30 days of the date of AGM.
Given India’s T+1 settlement cycle, shares purchased on the record date (June 27 in this case) will not be eligible for the dividend payment.
On May 18, Allied Blenders and Distillers Managing Director Alok Gupta told NDTV that the company aims to achieve Ebitda margin of 15% and above by fiscal 2027.
“The company also aims for a similar topline growth in value terms in the next two years, backed by capital expenditure plans and product premiumisation initiatives,” he said.
Allied Blenders and Distillers recorded a consolidated net profit of Rs 78.6 crore in the quarter ended March 31, 2025, on the back of strong volume growth. The company reported a net loss of Rs 2.4 crore for the same quarter in the previous fiscal year.
In fourth quarter of fiscal 2025, the company achieved a significant 20.8% growth, delivering 8.5 million cases compared to 7.1 million cases in the same period last year.
. Read more on Markets by NDTV Profit.Allied Blenders’ board recommended a final dividend of Rs 3.6 per share for the fiscal year 2025. Read MoreMarkets, Business, Notifications
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