India Pesticides Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2025, recommended Final Dividend of Rs. 0.75 per equity share.
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On the reaction day the stock moved 10.4 pts more than Nifty Microcap 250 and 9.5 pts more than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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India Pesticides Limited has informed the stock exchanges that its Board of Directors, at a meeting held on May 26, 2025, has recommended a Final Dividend of Rs. 0.75 per equity share. This is the final dividend for the financial year, subject to approval by shareholders at the upcoming Annual General Meeting. The dividend will be paid to shareholders whose names appear in the company's register on the record date, which is yet to be announced. The total payout will depend on the number of outstanding equity shares at the time of approval.
The dividend of Rs. 0.75 per share is a modest payout, and investors should compare it against the current share price to assess the effective yield. This is a routine corporate action and is unlikely to cause significant movement in the stock price on its own.