Announced Mon, 18 May · 18:41 IST
IG Petrochemicals Limited has informed the Exchange that Board of Directors at its meeting held on May 18, 2026, recommended Final Dividend of Rs. 5 per equity share.
Corporate Actions View source PDF
IGPL · price
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Price reaction · full curve 14 horizons · vs prior close
-5.0%1-day move
₹458.80
prior close
₹470.00
base price
After-mkt
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-2.8-2.9-3.2-3.0-5.0-6.8-5.6-2.8-5.4-8.4-4.6-2.9-6.2—
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AI summary
IG Petrochemicals Limited's Board of Directors, at their meeting on May 18, 2026, recommended a final dividend of Rs. 5 per equity share (50% on face value of Rs. 10). This is subject to shareholder approval at the ensuing Annual General Meeting. The Board also approved the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The meeting lasted from 4:30 PM to 6:00 PM.
Likely market impact
The recommended dividend is positive for shareholders, indicating consistent cash flow generation. However, without the current market price, the dividend yield cannot be assessed.