Rs. 47 Dividend Payout: Gillette India Fixes Record Date; Are You Going To Buy The Stock?

Gillette India Limited is a Procter & Gamble subsidiary based in India that produces and markets fast-moving consumer goods with branded packaging for the oral care and grooming industries. Following the Board's announcement of the dividend record date, Gillette India's shares closed the day 4.12% down on the NSE at Rs 9,810 per share, with a market value of Rs 31.88KCr.

Gillette India Dividend

The Board of Directors "have recommended a dividend of Rs. 47 per Equity Share (Nominal Value of Rs. 10/- each), for the Financial Year ended March 31,2025. The divided shall be paid between September 3, 2025 to September 30,2025, on approval of the Members at the ensuing Annual General Meeting," said Gillette India in a stock exchange filing.

"We would like to inform you that the 41st Annual General Meeting of the Company is to be held on Tuesday, September 2, 2025. We further like to inform you that the record date for the purpose of the 41st Annual General meeting and payment of dividend, if approved by members at the 41st Annual General Meeting, will be August 26,2025," Gillette India informed to stock exchanges.

"We would like to inform you that the 41st Annual General Meeting of the Company is to be held on Tuesday, September 2, 2025. We would further like to inform you that the Register of Members and Share Transfer books shall remain closed from Wednesday, August 27,2025 to Tuesday, September 2,2025 (both days inclusive) for the purposes of Annual General Meeting and payment of dividend for the year ended March 31,2025, if approved by members at the 41st Annual General Meeting. The notice convening the 41st Annual General Meeting of the Company will be provided in due course of time," Gillette India confirmed in a regulatory filing.

Gillette India Q4 Results

In the March quarter of the fiscal year 2024-2025, Gillette India Limited (GIL) reported a 60% rise in net profit to Rs 159 crore, up from Rs 99 crore in the same period of the previous fiscal year. Compared to Rs 680.74 crore in the March quarter of the previous year, revenue from operations increased by 12% to Rs 767.47 crore in the current quarter. EBITDA (earnings before interest, tax, depreciation, and amortization) rose 39% to Rs 225.8 crore from the same period last year, while margins jumped 600 basis points to 29.42% from 23.73%.

Gillette India Share Price Target

"Gillette India is trading near its recent highs, showing strong price action and positive momentum. However, it's approaching a psychological resistance zone near ₹10,400-₹10,500, where some profit booking could occur. The stock has support around ₹9,900, which has held well in recent sessions. A breakout above ₹10,500 could trigger a fresh rally toward ₹10,800-₹11,000 levels. Until then, expect some sideways movement or mild pullback. The trend remains bullish, but traders should watch for a strong close above ₹10,500 for fresh upside confirmation," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

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