RailTel Corporation of India Announces Interim Dividend

RailTel Corporation of India, the major telecom infrastructure company, has declared an interim dividend of Re 1 per share for FY 2024-25. This is the second interim dividend announced by the company in the current fiscal year. The record date for identification of eligible shareholders has been fixed as April 2, 2025, and the share will go ex-dividend on the same date. This indicates that investors holding shares as of April 1, 2025, will be eligible to receive the dividend, which will be disbursed on April 9, 2025.

 

RailTel's move to pay a dividend is an indication of its commitment towards rewarding shareholders as well as to further growing its services, including its home internet service business arm RailWire, which targets tier 2, 3 cities, and rural regions.

 

Source: India TV News