approval of interim dividend for FY 2025-26
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 0.7 pts less than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors approved an interim dividend of ₹0.10 (Ten Paisa) per equity share for FY 2025-26 at its meeting held on May 9, 2025. The dividend applies to the company's total paid-up equity capital of 36,23,000 shares of ₹10 face value, translating to a total payout of roughly ₹3.62 lakh. Friday, May 16, 2025 has been fixed as the record date to identify shareholders entitled to receive the dividend. The company is a small-cap entity listed on BSE in the drip irrigation systems business.
The dividend amount is quite small per share, so it is more of a routine token distribution than a meaningful income event for shareholders. Stock price impact is likely to be minimal given the tiny absolute payout, though it signals that the company continues to return some cash to shareholders.