Shoppers Stop Limited — Dividend/Bonus, 23-06-2025: Record Date

Shoppers Stop has announced a board meeting on July 17, 2025, to approve the financial results for the quarter and half-year. The record date for the 28th AGM and book closure is July 10-17, 2025, with a cut-off date of July 9, 2025, for determining shareholders' voting and participation rights. Shareholders will consider the retirement of Mr. B. S. Nagesh as Non-Executive Director, appointment of Parikh & Associates as secretarial auditors, and approval of a related party transaction with Invik Consulting, involving a revised professional fee of ₹72 lakh per annum for three years. The company operates 112 department stores nationwide, with a strong focus on premiumisation, omnichannel growth, and expanded beauty and value fashion divisions (INTUNE). FY25 revenue increased 5% to ₹4,436 Cr, EBITDA was ₹751 Cr, and net profit stood at ₹7 Cr. The First Citizen loyalty program now has 12.3 million members contributing 81% of sales. Capital expenditure was ₹192 Cr, focused on new and renovated stores. No dividend is recommended for FY25 to conserve cash. Key financial ratios show a decline due to first-half challenges, including ROE at 2%, and net profit margin at 0.2%. The company continually engages in sustainability and social responsibility efforts, with CSR spending of ₹0.82 Cr focused on women empowerment and environmental sustainability.