The Board of Directors at their meeting held today, have recommended a dividend @ 20% i.e. Rs. 2/- per equity share of the Face Value of Rs. 10/- each
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The Board of Directors of Mysore Petro Chemicals Ltd met on 20th May 2026 and approved the audited standalone and consolidated financial results for the quarter and year ended 31st March 2026. The Board has recommended a dividend of 20% i.e. Rs. 2 per equity share of face value Rs. 10 each for FY 2026. The dividend recommendation is subject to approval by shareholders at the forthcoming Annual General Meeting. The board meeting lasted approximately one hour.
The dividend recommendation signals the company has sufficient profits and cash flow to distribute earnings to shareholders. However, since the actual financial numbers are not disclosed in this filing, investors should wait for the detailed financial results to assess the company's underlying performance before making investment decisions.