BSEJaysynth Orgochem LtdMediumPositive
Announced Wed, 28 May · 14:31 IST

Recommendation of Dividend

Corporate Actions View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Jaysynth Orgochem Limited, at its meeting held on 28th May 2025, has recommended a dividend for the financial year ended 31st March 2025. The company proposed a 2% dividend on its Redeemable Non-convertible Non-cumulative Non-participating Preference Shares with a face value of ₹1 each. Additionally, it recommended a 5% dividend (₹0.05 per share) on equity shares, which also have a face value of ₹1 each. Both dividends are subject to approval from members at the upcoming Annual General Meeting.

Likely market impact

The dividend amounts are very small — ₹0.05 per equity share on a ₹1 face value — suggesting a minimal payout that is unlikely to materially impact shareholders or drive significant stock price movement. Investors should await AGM approval and check the resulting dividend yield against the current share price.