Shiva Texyarn Announces 6% Dividend, Sets August 14 as Record Date

Shiva Texyarn Limited , a prominent player in the textile industry, has announced a dividend payout that is set to reward its shareholders. The company's latest financial decision underscores its commitment to delivering value to its investors.

Dividend Details

Shiva Texyarn Limited has declared a dividend of Rs. 0.60 per equity share, representing a 6% return on the face value of Rs. 10 each. This announcement comes as welcome news for the company's shareholders, providing them with a tangible return on their investment.

Key Dates for Shareholders

The company has set two important dates for shareholders to mark on their calendars:

1. Record Date: August 14, 2025
2. Dividend Payment Date: On or before September 20, 2025

Shareholders whose names appear in the company's records as of the record date will be eligible to receive the dividend payment. This gives investors a clear timeline to ensure their shareholding status is up to date.

Financial Implications

The dividend declaration reflects Shiva Texyarn's financial health and its ability to share profits with its stakeholders. While the dividend amount may seem modest, it represents a steady return for investors, especially in the context of the challenging economic environment that many industries have faced in recent times.

Company Background

Shiva Texyarn Limited, headquartered at 52, East Bashyakaralu Road, R.S. Puram, Coimbatore, Tamil Nadu, is a well-established entity in the Indian textile sector. The company, with its CIN L65921TZ1980PLC000945, has been a part of the industry for several decades, contributing to India's rich textile heritage.

Investor Relations and Transparency

The company's prompt communication of the dividend details, including the record date intimation to the BSE Limited, demonstrates its commitment to transparency and good corporate governance practices. This timely disclosure allows investors to make informed decisions regarding their shareholdings.

Conclusion

As Shiva Texyarn Limited moves forward with this dividend payout, shareholders can look forward to receiving their share of the company's profits. The announcement not only provides a financial benefit to investors but also signals the company's confidence in its financial position and future prospects in the competitive textile industry.

Investors and market watchers will likely keep a close eye on Shiva Texyarn's performance in the coming quarters, as dividend policies often serve as indicators of a company's financial health and management's outlook on future growth.