800% Dividend Dhamaka! Manyavar Parent Firm Fixes Dividend Record Date, ROE At 26%; How To Get Eligible?

Shares of Manyavar parent firm, Vedant Fashions, are receiving heightened investors' attention ahead of the dividend record date. The speciality retail company has announced 800% dividend for its shareholders.

Vedant Fashions shares closed 3.2% higher at Rs 767.75 per share on BSE on Monday with a market capitalisation of Rs 18,650.3 crore. The stock had touched an intraday high mark of Rs 777.35 per share and an intraday low mark of Rs 744.70 apiece on BSE today.

Vedant Fashions Dividend

The speciality retail company had announced 800% dividend for its shareholders. The company had also announced a final dividend of Rs 8 per equity share with a face value of Re 1 each for financial year 2024-25.

"Recommendation of a final dividend of Rs 8 per fully paidup equity share of Re 1 each for the financial year ended March 31, 2025, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company," read a BSE filing released by Vedant Fashions earlier.

Vedant Fashions Dividend Record Date

The company has fixed 28 August as the dividend record date to determine the eligibility of shareholders for the corporate action. The dividend will be announced after the annual general meeting (AGM) held through video conferencing on 4 September.

"Pursuant to Regulation 42 of the Listing Regulations, the record date for the purpose of determining the entitlement of Members for the purpose of payment of Final Dividend for the Financial Year ended March 31, 2025, would be Thursday, August 28, 2025."
The dividend as recommended by the board of directors will be paid on Friday (September 5) to shareholders.

Vedant Fashions Dividend: How To Get Eligible?

To become eligible for the dividend by Vedant Fashions, investors must ensure that the names are registered in the Company's Register of Members as Beneficial Owners as per the lists to be furnished by NSDL and CDSL in respect of the shares held in electronic form. The shareholders lists are maintained with the Registrar & Share Transfer Agent (RTA), as at the end of business hours on Thursday, August 28, 2025, noted the company in its press release.

Vedant Fashions Share Price Trend

Vedant Fashions shares have surged around 2.8% in a week. THe stock closed nearly 3% higher at Rs 767.65 per share on BSE on Monday. The stock touched a 52-week high mark of Rs 1,511.20 apiece on 2 December, 2024. Whereas, the stock dipped to its 52-week low mark of Rs 706.45 apiece on 9 May, 2025. The stock valuation has declined around 7.27% since the beginning of the year 2025.