Recommendation of final Dividend.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 2.1 pts more than its Speciality Retail 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 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.
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.