Announced Mon, 25 May · 16:41 IST

Recommendation of final Dividend.

Corporate Actions View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹24.50
prior close
₹24.62
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.5-0.5-2.6+1.0+9.8+10.2+6.7+8.7+8.2+5.1+2.0-2.2
Up moveDown movePending
AI summary

The Board of Directors has recommended a final dividend of Re. 0.01 per equity share with a face value of Rs. 1, translating to a 1% payout, for the financial year 2025-26. This is subject to approval by shareholders at the upcoming Annual General Meeting (AGM). The company will separately announce the AGM date and the record date for dividend entitlement once shareholder approval is obtained.

Likely market impact

The dividend is very small at just 1%, which is unlikely to significantly move the stock. The minimal payout may reflect that the company is retaining most of its earnings, possibly for growth or cash conservation.