RM Drip & Sprinklers System Limited, a company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), has announced a revision to its record date for determining shareholder eligibility for the upcoming Annual General Meeting (AGM) and final dividend.

Revised Record Date

The company has changed the record date from September 8, 2025, to September 9, 2025. This adjustment was necessary due to September 8, 2025, being declared a settlement holiday on account of Eid. The revision ensures that all eligible shareholders can participate in the AGM and receive the proposed dividend.

Dividend Announcement

The Board of Directors has recommended a final dividend of Rs. 0.50 per equity share with a face value of Rs. 10.00 each for the financial year 2024-25. This dividend proposal is subject to shareholder approval at the forthcoming AGM.

Dividend Payment

If approved by the shareholders, the dividend will be paid on or after September 16, 2025. The payment will be made to all beneficial owners holding shares as of the revised record date, September 9, 2025. The company will use the list of shareholders provided by the National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) for shares held in electronic form.

Stock Information

RM Drip & Sprinklers System Limited is traded on the following exchanges:

Investors and shareholders are advised to take note of this revised record date for their participation in the AGM and dividend eligibility. The company's management has taken prompt action to adjust the date in light of the settlement holiday, ensuring compliance with regulatory requirements and shareholder interests.

This announcement underscores RM Drip & Sprinklers System Limited's commitment to maintaining transparent communication with its shareholders and adhering to stock exchange regulations.

RM Drip & Sprinklers System Limited, a leading player in the irrigation systems sector, has reported robust financial results, showcasing significant growth and expansion.

Financial Highlights

The company's consolidated revenue surged to ₹13,119.10 crore, marking a substantial increase from ₹5,026.92 crore in the previous year. This impressive growth of over 160% underscores the company's strong market position and expanding operations.

Net profit attributable to owners saw a remarkable rise, reaching ₹2,400.48 crore, up from ₹541.03 crore in the previous fiscal year. This represents a year-on-year growth of about 344%, reflecting the company's improved operational efficiency and market performance.

Dividend Announcement

In light of the strong financial performance, the Board of Directors has recommended a dividend of ₹0.50 per equity share of ₹10 each. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM).

Improved Earnings Per Share

The company's basic earnings per share (EPS) showed significant improvement, rising to ₹10.01 from ₹4.45 in the previous year. This increase in EPS reflects the company's enhanced profitability and value creation for shareholders.

Migration to Main Board

In a significant development, RM Drip & Sprinklers System Limited successfully migrated from the NSE EMERGE platform to the main boards of both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), effective July 30, 2025. This move to the main board is expected to enhance the company's visibility and liquidity in the stock market.

New Appointments

The Board has made two key appointments to strengthen its corporate governance:

1. SHARPS & CO., Chartered Accountants, has been appointed as the internal auditor for the financial year 2025-26.
2. Nuren Lodaya & Associates, Practicing Company Secretaries, has been appointed as the secretarial auditor for a term of 5 years, subject to shareholder approval.

Financial Position

The consolidated balance sheet shows a healthy financial position:

The company's strong balance sheet, marked by significant increases in share capital and reserves, positions it well for future growth and expansion.

RM Drip & Sprinklers System Limited's impressive financial performance, coupled with its migration to the main board and strategic appointments, signals a promising outlook for the company in the irrigation systems market.