Investors in Sharda Motor Industries Ltd should take note—June 13, 2025, is the record date for the company’s final dividend. As per the exchange filing, the company has announced a final dividend of ₹32.50 per share for the financial year.
Here’s what that means for shareholders holding 1,000 shares.
If you hold 1,000 shares of Sharda Motor, your dividend earnings would be:
To be eligible for the ₹32.50 dividend, you must be a shareholder as of June 13, 2025. Due to India’s T+1 settlement cycle, only those who purchased shares on or before June 12, 2025, will be eligible.
In a T+1 cycle, share ownership officially transfers to the buyer on the next trading day. So if you bought shares on June 13, your trade will settle on June 16 (due to the weekend), making you ineligible for this dividend.
The record date is the cut-off date fixed by a company to determine which shareholders are entitled to receive the dividend. As long as you're on record as a shareholder on June 13, you’re eligible—even if you sell the shares afterward.
Read More: HDFC Asset Management Co Ltd Dividend Record Date Today: How Much Will 1,000 Shares Earn?
June 13, 2025, is a crucial day for shareholders of Sharda Motor Industries Ltd. The ₹32.50 per share dividend can mean a sizeable payout for investors holding substantial quantities. To be eligible, ensure your purchase was made before the T+1 cut-off.
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: Jun 13, 2025, 2:42 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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