The record date for the upcoming AGM and 70% dividend has been declared by HeidelbergCement India Ltd, a small-cap firm in the construction materials industry.
With a 14 million-ton installed capacity and brands like Mycem, HeidelbergCement India is a significant construction materials manufacturer in India that is currently doing business under the new Heidelberg Materials brand of its parent firm. Its integrated manufacturing facilities are located in Karnataka, Uttar Pradesh and Madhya Pradesh.
HeidelbergCement Dividend
“The Company has fixed Wednesday, 17 September 2025 as the “Cut-off Date” for the purpose of determining the Members entitled to attend the AGM. Further, the Company has fixed Friday, 12 September 2025 as the Record Date to receive proposed dividend of Rs.7 per Equity Share of Rs. 10 each (i.e., 70%) for the financial year 2024-25. The proposed dividend on equity shares, if declared, at the AGM will be paid to the members within thirty days from the date of AGM,” said HeidelbergCement in a stock exchange filing.
The 66th Annual General Meeting (AGM) of the members of HeidelbergCement India Limited is scheduled to be held on Wednesday, 24 September.
“In compliance with the provisions of Section 108 of the Companies Act, 2013 and the Rules made thereunder and Regulation 44 of the SEBI Listing Regulations, the Company is providing to its Members, a facility, to exercise their right to vote on resolutions proposed to be considered at the said 66th AGM by electronic means (“e-voting”). Detailed instructions for e-voting are given in the Notice of AGM. The e-voting period commences on Sunday, 21 September 2025 (9.00 A.M.) and ends on Tuesday, 23 September 2025 (5.00 P.M.). During this period, the Members of the Company holding shares either in physical form or demat form, as on the cut-off date of 17 September 2025 may cast their votes through e-voting facility being provided by NSDL,” said HeidelbergCement in a stock exchange filing.
HeidelbergCement Target Price
“HeidelbergCement India is trading in a sideways pattern, holding steady above its support of ₹208. Resistance is seen around ₹220, and a breakout could trigger upside toward ₹228-230. RSI shows early signs of recovery, suggesting strength is building. The overall outlook signals consolidation with a bullish bias, providing positional traders scope for gains with controlled risk,” commented Riyank Arora, technical analyst at Mehta Equities Ltd.