ANDHRA PAPER LIMITED has informed the Exchange that Board of Directors at its meeting held on May 14, 2026, recommended Final Dividend of Rs. 0.50 per equity share.
ANDHRAPAP · price
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Andhra Paper Limited's Board of Directors has recommended a final dividend of Rs. 0.50 per equity share for FY 2025-26. This represents a 25% payout on the face value of Rs. 2 per share. The dividend proposal is subject to approval by shareholders at the company's 62nd Annual General Meeting. The record date for determining shareholder eligibility has not yet been fixed and will be announced separately. The board meeting was held on May 14, 2026, and lasted from 2:45 PM to 4:14 PM.
The dividend of Rs. 0.50 per share represents a modest return for shareholders, consistent with the company's historical dividend practices. While it signals financial stability, the small absolute dividend amount suggests limited immediate price impact unless the dividend yield becomes notably attractive relative to prevailing market rates.