Panama Petrochem Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Panama Petrochem Limited's Board has approved and taken on record the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The Board recommended a dividend of Rs. 3 per equity share (face value Rs. 2) for FY2026, subject to shareholder approval at the ensuing AGM. The statutory auditors, JMR & Associates LLP, have issued an unmodified (clean) opinion on the audited results. The Board meeting lasted approximately 55 minutes, indicating routine agenda items.
The clean audit opinion signals no accounting concerns, and the dividend recommendation reflects the Board's confidence in the company's financial position. Shareholders can expect the dividend payout within two weeks of the AGM approval.