On September 19, 2024, Gopal Snacks Limited officially notified the stock exchanges about an upcoming Board meeting scheduled for October 14, 2024. This meeting holds significance for shareholders as it will cover critical topics, including the company’s unaudited standalone financial results for the second quarter and the first half of the fiscal year ending September 30, 2024.
Key Agenda Items:
- Financial Results: The Board will review the unaudited financial results and the Limited Review Report from auditors for the specified periods. This review is crucial for assessing the company's performance and financial health, providing insights that can impact investment decisions.
- Interim Dividend: The Board will also consider the declaration and payment of the first interim dividend for FY2024-25, subject to approval. If declared, this interim dividend would be a positive indicator of the company’s profitability and commitment to returning value to its shareholders.
- Record Date: The record date for determining shareholder entitlement to the interim dividend has been set for October 22, 2024. Shareholders must ensure their holdings are registered by this date to be eligible for the dividend payment.
Trading Window Information:
In compliance with SEBI (Prohibition of Insider Trading) Regulations, the trading window for Gopal Snacks Limited will be closed from October 1, 2024, until 48 hours after the financial results are announced. This measure is intended to prevent insider trading and maintain fair market practices.
Conclusion:
As the company prepares for this pivotal meeting, shareholders are encouraged to stay informed about the developments. The outcomes of this meeting could significantly influence Gopal Snacks Limited’s market perception and investor confidence. The Board’s decisions regarding financial performance and dividend distribution will be closely watched as they reflect the company's ongoing commitment to growth and shareholder value.
For further updates, stakeholders can refer to Gopal Snacks Limited's official communications and website.
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