Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Punjab & Sind Bank's Board, at its meeting on April 29, 2025, recommended a final dividend of 0.70%, translating to Rs. 0.07 per equity share on a face value of Rs. 10, for the financial year 2024-25. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. The announcement was made under SEBI LODR Regulation 30 and filed with both BSE and NSE. No record date or book closure details were provided in this filing.
Likely market impact
The dividend amount is very small and unlikely to meaningfully impact the stock price; it reflects a token payout typical of public sector banks rather than a strong shareholder return signal.