🏖️ Advani Hotels Declares ₹0.90 Dividend – Enough for a Vada Pav at Juhu?

CMP ₹61.05 | Dividend ₹0.90 | Mood: Chill but Cheque-Ready

🧾 At a Glance:

Advani Hotels & Resorts (the proud owner of Goa’s Caravela Beach Resort) just wrapped up its board meeting on May 23, 2025. Here’s what came out:

• 📊 Audited FY25 results ✅
• 🪙 ₹0.90/share second interim dividend 💸
• 👩💼 Reappointment of Ragini Chopra as Independent Director 🎫
• 🔍 BDO India LLP re-appointed as internal auditors (so the books remain bookish)
• 🧾 Statutory auditors issued an unmodified audit report – no scandal here, just sandals and sand.

But the stock fell 1.94% today. Because in Indian markets, declaring dividends is like telling investors “we’re not reinvesting – just vibing.” 😎

💰 Dividend Deets: “Re 0.90? Wow, Goa Tourism will boom”

👉 They call it an “interim dividend”, but at 90 paise a pop, it’s more like a symbolic coconut in your welcome drink.

🧮 FY25