Announced Wed, 6 May · 19:55 IST

Boardhas recommended a Dividend of Rs. 12/- per equity Share (i.e.120%) on fully paid -up equity shares of Rs. 10/- each for the financial year 2025-26 subject to the approval of the Shareholders ....

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-2.8%1-day move
₹502.45
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₹494.05
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AI summary

The Board of Directors of Panasonic Carbon India Company Ltd has recommended a dividend of Rs. 12 per equity share, representing a 120% payout on the Rs. 10 face value shares for FY 2025-26. This dividend is subject to shareholder approval at the Annual General Meeting scheduled for June 29, 2026. The record date for determining shareholder entitlement to the dividend is Monday, June 22, 2026. The company's share transfer books will remain closed from June 23 to June 29, 2026. Additionally, the board announced appointment of a new independent director, changes in auditors, and relocation of registered office within Chennai city.

Likely market impact

The recommended 120% dividend signals company profitability and cash distribution to shareholders. Investors holding shares before the June 22, 2026 record date will be eligible for this dividend payout pending AGM approval.