TITAGARH RAIL SYSTEMS LIMITED — Dividend/Bonus, 30-05-2025: Dividend

Titagarh Rail Systems has announced a final dividend of Rs. 1 per share (50% payout) for FY 2024-25, subject to shareholder approval at the AGM, offering direct cash returns to investors. The company also granted 1,15,000 stock options at an exercise price of Rs. 860 under its ESOP scheme. Note that the audit report carries a qualified opinion due to uncertainties around a Rs. 112.73 Cr investment in its distressed associate, Titagarh Firema SpA.