Announced Mon, 18 May · 18:45 IST
The Board of Directors at their meeting held today, have recommended a dividend @ 50% i.e. Rs. 5/- per share for the financial year ended 31st March, 2026
Corporate Actions View source PDF
IGPL · price
▲ 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
-5.0%1-day move
₹458.80
prior close
₹470.00
base price
After-mkt
timing
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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—
Up moveDown movePending
AI summary
The Board of Directors of IG Petrochemicals Ltd has recommended a dividend of Rs. 5 per equity share (50% on face value of Rs. 10) for the financial year ended 31st March, 2026. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The board meeting was held on 18th May 2026 and lasted from 4:30 PM to 6:00 PM. The company also approved its standalone and consolidated audited financial results for Q4 and FY 2026.
Likely market impact
A positive signal for shareholders as the company is returning profits. The actual dividend amount depends on stock price and market conditions at the time of payment.