New Delhi, March 11 -- Schaeffler India, on Tuesday, announced that it has set Wednesday, April 23, 2025, as the record date for the payment of dividend to its eligible shareholders.

"This is to inform you that the Record Date for the purpose of 62nd Annual General Meeting ('AGM') and identifying the list of members eligible for the payment of Dividend is Wednesday, April 23, 2025," the company said in an exchange filing.

The company further informed that the dividend for the year ended December 31 will be paid within 30 days from the date of the Annual General Meeting (AGM).

On February 27, Schaeffler India announced that its board has proposed a substantial dividend of Rs.28 per share. However, the payout is subject to shareholder ap...