Acutaas Chemicals Limited has informed the Exchange about General Updates - Board approves Final Dividend
ACUTAAS · price
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On the reaction day the stock moved 2.6 pts more than Nifty Smallcap 250 and 3.3 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors has recommended a final dividend of Rs 2.5 per equity share, representing a 50% payout on the face value of Rs 5 each. This applies to 8,18,71,122 equity shares of the company for FY 2025-26. The dividend is subject to approval by shareholders at the upcoming 19th Annual General Meeting. The company has stated that the record date, book closure dates, and dividend payout date will be announced separately.
Positive signal for shareholders as the company is returning value through dividends, though the exact yield and payout date are yet to be confirmed.