Shivalic Power Control Limited — Board Meeting, 26-03-2025: Outcome of Board Meeting
26-03-2025 · 05:09 pm
The company has announced key outcomes from its recent board meeting. A dividend of ₹5 per share has been declared, reflecting strong financial performance. Consolidated financial results showcased a revenue increase to ₹500 Cr, with a net profit of ₹100 Cr for the quarter. Additionally, the board approved a plan to raise ₹200 Cr through a rights issue aimed at funding expansion initiatives. These strategic decisions highlight the company’s commitment to growth and shareholder returns.
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