Railtel Shares in Focus as It Declares 2nd Interim Dividend; Payment Scheduled for Apr 9, 2025

RailTel Corporation of India Limited, a Navratna PSU, has announced its 2nd Interim Dividend for the financial year 2024-25 following its board meeting on March 12, 2025.

Dividend Announcement and Record Date

The Board of Directors of RailTel has declared an interim dividend of 10% of the paid-up share capital, translating to ₹1 per share.

To facilitate dividend distribution, the company has set Wednesday, April 2, 2025, as the record date. This means that shareholders holding RailTel shares as of this date will be eligible to receive the announced interim dividend.

Dividend Payment Date

The payment or dispatch of the dividend warrant is scheduled for April 9, 2025. Investors can expect the credited amount to their bank accounts or receive physical warrants (as applicable) on or before this date.

Share Price Performance

RailTel Corporation of India Limited’s share price traded at ₹288.15 as of 10:10 AM, reflecting a 0.45% decline (-₹1.30) from its previous close of ₹289.45. The stock opened at ₹289.45, reaching an intraday high of ₹290.95 and a low of ₹283.65.

Conclusion

With this dividend payout, RailTel remains an attractive proposition for income-seeking investors. The record date ensures clarity for stakeholders, while the upcoming payment date provides a timeline for shareholders to plan their investment strategies.

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