Today, September 24, 2025, is both the record date and ex-dividend date for SMS Lifesciences India Limited (NSE: SMSLIFE) final dividend for the financial year 2024-25.
The Board of Directors has recommended a dividend of ₹1.50 per equity share, which remains subject to shareholder approval at the company’s upcoming 19th Annual General Meeting (AGM) scheduled for Tuesday, September 30, 2025.
Shareholders whose names appear in the company’s records as of today will be eligible to receive the dividend and participate in the AGM voting process. Since the ex-date also falls today, only investors who held shares before September 24, 2025, will qualify for the payout once approved.
After shareholder approval at the AGM, the dividend will be credited to shareholders’ registered bank accounts within 30 days, in line with regulatory requirements. The payout will be made after deduction of applicable tax at source (TDS).
In FY24, SMS Lifesciences India declared a similar dividend of ₹1.50 per share, with the record date also set on September 24, 2024, alongside a book closure period from September 24 to September 30, 2024.
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With both the record date and ex-date falling today, eligible shareholders can expect the distribution process to begin after AGM approval. Holding shares in a valid demat account ensures eligibility for the dividend payout.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 24, 2025, 3:23 PM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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