Board approves Dividend

Corporate Actions View source PDF Explain this filing

Price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

+4.3%Reaction day

₹225.25

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%+2.8% vs market

Consulting Services peers, median of 18sector+0.0%+4.3% vs sector

On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250 and 4.3 pts more than its Consulting Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.3+1.6+2.8+0.0+4.3

Next day

+8.8+1.5+7.3+0.2+8.6

+3.7+0.0+3.7-1.2+4.9

-0.1-3.0+2.9-2.9+2.7

-5.2-2.4-2.8-1.2-4.0

-4.6-2.1-2.4-1.9-2.6

-10.8-3.8-6.9-6.3-4.5

15d

-0.6-0.0-0.5-5.2+4.6

-3.3-1.0-2.3-2.3-1.0

+0.4+6.5-6.1-5.2+5.6

+3.0+10.2-7.2-1.9+4.9

UpDownMarket · Nifty Microcap 250Sector · Consulting Services peers, median of 18Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Board of Directors approved a Final Dividend of Rs. 1.60 per equity share (16% on face value of Rs. 10) for the Financial Year ended March 31, 2026. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The company has fixed June 03, 2026 as the Record Date to determine shareholder entitlement for the dividend. The board meeting was held on May 06, 2026 and lasted one hour.

Likely market impact

The dividend signals the company is distributing profits to shareholders. Without the current market price, the yield cannot be assessed, but a 16% payout on a small-cap company is a positive signal for income-focused investors.