The Board of Directors of Samvardhana Motherson International Ltd (BSE: 517334) approved an interim dividend of ₹0.50 per equity share for the financial year 2024-25 in its meeting held on Friday, March 21, 2025. The record date for the dividend payment has been set as March 28, 2025. This decision follows the company's consistent dividend payout history, with previous dividends of ₹0.80 per share in FY 2023-24 and ₹0.65 per share in FY 2022-23. The stock price reacted positively to the news, closing at ₹125.80, up 3.63% on the day of the announcement.
Sources: Business Today, INDmoney, Moneycontrol, BSE India