Rs 11 Dividend + Bullish Base: Is Godrej Stock Ready To Shine Before Record Date—July 30?

The five main business sectors that Godrej Agrovet Limited operates in are animal feed, crop protection, oil palm, dairy and poultry, and processed foods. The company is a member of one of the largest conglomerates in India, the Godrej Group. At a rate of 110%, the company's Board of Directors has set a record date for the final dividend for the 2024-2025 fiscal year.

Godrej Agrovet Dividend

"The Board of Directors of your Company has recommended a Final Dividend for the Financial Year 2024-25 at the rate of 110% (One Hundred and Ten per cent), i.e., Rs 11/- (Rupees Eleven Only) per Equity Share of Face Value of 10/- (Rupees Ten Only) each, subject to approval of the Shareholders at the ensuing Thirty-Fourth Annual General Meeting ("34th AGM"). The Dividend will be paid to the Shareholders whose names appear in the Register of Members of the Company as on Thursday, July 31, 2025 and in respect of shares held in dematerialized form, it will be paid to Shareholders whose names are furnished by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL), as the beneficial owners as on that date," said Godrej Agrovet in a stock exchange filing.

Godrej Agrovet Dividend Record Date

"We further wish to inform that pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of the Listing Regulations, the Register of Members and the Share Transfer Books of the Company will remain closed from Friday, August 1, 2025 to Tuesday, August 5, 2025 (both days inclusive) for the purpose of the 34th AGM and payment of Final Dividend. The final dividend, if declared at the ensuing 34th AGM, will be paid to the Shareholders whose names appear in the Register of Members of the Company as on Thursday, July 31, 2025 and in respect of shares held in dematerialized form, it will be paid to the Shareholders whose names are furnished by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL), as the beneficial owners as on that date," Godrej Agrovet confirmed in a regulatory filing.

Godrej Agrovet Share Price Target

"Godrej Agrovet is showing signs of a base formation with steady support around ₹770. The stock faces resistance near ₹810, and a breakout above this level could trigger a rally toward ₹840-₹860. Momentum indicators are gradually improving, and the price is holding above short-term moving averages. As long as the stock stays above ₹770, the bias remains positive. A close above ₹810 will strengthen the bullish setup," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

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