Banco Products (I) Limited — Dividend/Bonus, 08-02-2025: Dividend

Banco Products (India) Ltd has declared an interim dividend of ₹11 (550%) per equity share for the financial year 2024-25, with the record date set for 14th February 2025. The dividend payment will occur on or after 25th February 2025. The company also approved the appointment of two Independent Directors, Mr. Pranav Patel and Mr. Anand Majmudar, each for a term of five years beginning from 8th February 2025, subject to shareholders' approval. Furthermore, Banco Products will acquire the automotive coating business of Padra Coating Works LLP for ₹25.25 lakh on a lump-sum basis, enhancing control over product quality and supply to OEMs.