Motherson Sumi Wiring India Declares Interim Dividend for FY 2024-25

Team Finance Saathi

    21/Mar/2025

What's covered under the Article

  1. Motherson Sumi Wiring India declares an interim dividend of Re. 0.50 per share for FY 2024-25.
  2. The record date for payment of the dividend is set for March 28, 2025.
  3. The interim dividend will be paid to shareholders whose names appear on the record date.

Motherson Sumi Wiring India Limited (MSUMI) has announced the declaration of an interim dividend of Re. 0.50 (Fifty paise only) per equity share for the financial year 2024-25. This decision was approved by the Board of Directors during their Board Meeting held on 21st March 2025.

Declaration of Interim Dividend

During the Board Meeting, the Directors approved the interim dividend for the financial year 2024-25. The dividend is set at Re. 0.50 per equity share of face value INR 1/- each. This decision was taken as part of the company's commitment to reward its shareholders and ensure steady returns on their investments.

Record Date and Payment Schedule

In compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Record Date for the purpose of determining the shareholders eligible for receiving the interim dividend has been fixed as:

  • Record Date: 28th March 2025

Shareholders whose names appear in the Register of Members of the Company or in the records of the Depositories as beneficial owners of Equity Shares on the Record Date will be eligible to receive the dividend.

Payment Timeline

As per the applicable regulations, the interim dividend will be credited to the respective bank accounts of the shareholders within the stipulated timeline prescribed by law. The payment is expected to be processed smoothly and credited directly to the accounts of the eligible shareholders.

Details of the Board Meeting

The Board Meeting of Motherson Sumi Wiring India Limited commenced at 1400 Hours (IST) and concluded at 1425 Hours (IST) on 21st March 2025.

Compliance with SEBI Listing Regulations

The disclosure regarding the outcome of the Board Meeting and the interim dividend declaration is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates that companies inform the stock exchanges about significant decisions taken by the Board that may impact shareholders.

Company's Registered Office and Contact Details

Motherson Sumi Wiring India Limited is headquartered at:

Next Steps for Shareholders

Shareholders are advised to ensure that their bank account details and contact information are updated with their respective Depository Participants (DPs) to facilitate the timely receipt of the interim dividend. Any discrepancies or outdated details may result in delays in the payment process.

Summary of Key Information

  • Interim Dividend Amount: Re. 0.50 per equity share
  • Face Value of Share: INR 1/- each
  • Financial Year: 2024-25
  • Record Date: 28th March 2025
  • Payment Timeline: Within the stipulated time as per regulatory guidelines

Conclusion: Ensuring Timely Dividend Payment

With the interim dividend declaration, Motherson Sumi Wiring India Limited continues its commitment to creating value for its shareholders. The record date of 28th March 2025 ensures that only those shareholders who hold shares as of this date will be eligible to receive the interim dividend. The company has assured that the dividend will be credited to the eligible shareholders within the prescribed timeline in accordance with the applicable laws.


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