Olectra Greentech Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Rs. 0.60 per equity share.
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Olectra Greentech Limited's Board of Directors, in a meeting on May 29, 2026, recommended a final dividend of Rs. 0.60 per equity share, representing a 15% payout on the face value of Rs. 4 per share. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. If approved, the payment will be made within 30 days from the conclusion of the AGM. The company will announce the book closure date for determining shareholder eligibility in due course.
The recommended dividend signals the company's financial health and commitment to returning value to shareholders. However, the actual impact on the stock will depend on the dividend yield relative to market expectations and current share price.