Smruthi Organics Limited Announces Key Financial Updates

Dividend Declaration and Record Date

Smruthi Organics Limited, a prominent manufacturer and distributor of pharmaceutical products, has announced a significant dividend declaration. The company’s board has approved a dividend of Rs 1.5 per equity share, representing a 15% payout on 11,446,290 equity shares of Rs 10 each for the fiscal year 2024-25. This announcement was made on May 5, 2025, and is part of the company’s commitment to delivering value to its shareholders.

The record date for the dividend payment is set for Friday, June 13, 2025. Shareholders who are on the company’s register as of this date will be eligible to receive the dividend. This follows the company’s adherence to the SEBI (Listing Obligations and Disclosure Requirements) Regulations 42 and 30, ensuring transparency and compliance in its financial disclosures.

Annual General Meeting (AGM) and Book Closure

In conjunction with the dividend announcement, Smruthi Organics Limited has also declared the book closure period for its upcoming Annual General Meeting (AGM). The book closure will commence on June 13, 2025, and conclude on June 20, 2025. During this period, the company will not be accepting any new share transfers, ensuring that the shareholder list remains stable for the AGM proceedings.

The AGM will address several key agenda items, including the approval of the audited standalone financial results for the fourth quarter and the year ended March 31, 2025. These results will provide shareholders with insights into the company’s financial performance and strategic direction.

Company Overview

Smruthi Organics Limited, listed on the Bombay Stock Exchange (BSE) with a market capitalization of INR 1,335,209,745, is a key player in the pharmaceutical sector. The company specializes in the manufacturing and distribution of pharmaceutical ingredients, intermediates, and related chemicals, serving a global market. With a price-to-earnings ratio of 37.7389, the company continues to focus on growth and innovation in the pharmaceutical industry.

For further details, shareholders and interested parties are encouraged to refer to the official announcements on the BSE website and the company’s corporate communications.

This summary encapsulates the latest financial updates from Smruthi Organics Limited, highlighting the dividend declaration, AGM details, and an overview of the company’s market position.