IEX Dividend credit

Hi All,

For IEX - Indian Energy Exchange Ltd, i see the Dividend declared is Rs.1.5 per share with
May 16 2025 as Ex-Date. But its been 3 months and the dividend is not yet credited
Usually dividends should be credited within 1 month from the Ex-Dividend date. Correct me if am wrong

Couldn’t get any announcement / notifications on NSE which clarifies the actual credit date on
Is this only for me ? Can someone clarify

While interim dividends are to be paid within 30 days of the announcement date, the Final dividends are to be paid within 30 days of the AGM.

I assume the ₹1.50 per share is a final dividend, so you can expect the dividend within 30 days post-AGM and shareholders’ approval.

In the past, the AGM seems to have been held in August, so you can expect the payment between mid-August to mid-September.

3 Likes

you are wrong :slight_smile:
These questions always come up during this time of year.
Reason is rightly pointed out by @SG_13

Thanks @SG_13 for the details and references

Yeah @Akash_Shah . Thanks