Source: Mint
Minda Corporation Limited, one of India’s top auto components manufacturers, announced that its final dividend for the financial year 2024–25 is 45%. The company told the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) that its Board of Directors has decided that Thursday, August 14, 2025, will be the record date on which those shareholders as on that date would be eligible to receive the dividend.
Details Regarding the Dividend
According to the exchange filing and other sources, the board met on Tuesday, May 27, 2025, and approved the final dividend. The dividend amount is ₹0.90 per equity share, based on a face value of ₹2 per share, which is a 45% dividend applicable on a total of 239,079,428 equity shares of the company. This dividend is basically a reward to shareholders as the company is demonstrating strong performance, and is honoring its commitment to share value with its shareholders.
What is a Record Date?
A record date is the cut-off date, used to determine the shareholders of the eligible shares who are entitled to receive the dividend. Minda Corp declared the record date to be August 14, 2025. India’s T+1 settlement means any investor who wishes to receive the dividend, must purchase shares one trading day before the record date (so in this example, the investor must purchase shares on or before, August 13, 2025).
If the investor purchases shares after the record date, for that financial year, the investor will not be able to receive dividends. Only those who have their names appear in the register of the company, on the record date, will be eligible for dividends.
Stock Market Performance
In the recent week Minda Corp share price has performed strongly. Last week i.e, May 09, 2025, the share price has fallen to ₹468.55 due to Stock market volatility. However, the share price has recovered as it is trading around ₹528 on BSE.
The recovery in share price reflects the confidence of the investors in the company’s performance and financial stability. Analysts and Investors expect this rebound along with the dividend declaration will strengthen Minda’s image among retail and Institutional investors.
Conclusion: The declaration of a FY25 45% final dividend by Minda Corp represents a good move for its shareholders. The company issued a record date of August 14, 2025, leaving a time limit for its investors – if they want to take advantage of the dividend payout. The company is a consistent performer with a pro-shareholder attitude and a solid prospect for growth in the auto component sector.
