900% Dividend Alert! Investors Set to Receive Special + Final Dividend Payout; July 17 Last Date To Buy

Coromandel International Ltd., one of India's leading agri-solutions providers, has announced a significant dividend payout for the financial year 2025. In a move reflecting the company's strong financial performance and commitment to shareholder value, the Board of Directors has approved both a final dividend and a special dividend.

Final and Special Dividend Announced

According to an exchange filing dated April 30, 2025, Coromandel International will distribute a final dividend of Rs 6 per equity share and a special dividend of Rs 3 per equity share, both having a face value of Rs 1 each. This brings the total dividend declared to Rs 9 per share for the year, a rewarding development for the company's investors.

Record Date and Ex-Date

The company has set July 17, 2025, as both the record date and ex-date for determining the eligibility of shareholders for the dividend payouts. Investors holding shares of Coromandel International as of this date will be entitled to receive the final and special dividends.

In its official communication, the company stated, "The Record Date fixed for determining the members eligible to receive the Final & Special Dividend is July 17, 2025." This move provides clarity for market participants regarding dividend entitlements and aligns with standard corporate governance practices.

Dividend Payment Timeline

As per the company's announcement, shareholders can expect to receive the dividend payments on or before August 23, 2025. This schedule falls within the 30-day statutory limit outlined under the Companies Act, 2013, for distributing dividends after they have been declared.

"The final and special dividend will be paid on or before August 23, 2025," Coromandel International confirmed in the filing.

About Coromandel International

Coromandel International operates in various segments of the agri-input space, including fertilisers, crop protection chemicals, specialty nutrients, bio-products, and organic fertilisers. The company is known for its wide product portfolio and strong presence in the rural economy. It plays a key role in supporting Indian agriculture through sustainable farming practices and farmer-centric innovations.