Manali Petrochemicals Limited has informed the Exchange that Board of Directors at its meeting held on May 13, 2025, recommended Final Dividend of Rs. 0.50 per equity share.
MANALIPETC · price
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Manali Petrochemicals' Board, at its meeting on May 13, 2025, recommended a final dividend of Rs. 0.50 per equity share on shares with a face value of Rs. 5 each, translating to a 10% dividend on face value. The dividend is subject to shareholder approval at the upcoming Annual General Meeting, and the payment date will be communicated later. The Board also approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025, along with the auditors' reports and an unmodified opinion declaration. Additionally, the Board approved seeking members' consent via postal ballot to pay remuneration to Non-Executive Directors for FY 2024-25.
The final dividend of Rs. 0.50 per share is a modest payout representing 10% on face value; actual yield will depend on the current market price and should be assessed against prior dividends to gauge any change. Audited FY25 results and NED remuneration approval are routine governance items unlikely to move the stock meaningfully on their own.