Announced Wed, 19 Aug · 16:24 IST
Board Meeting on 24 Aug to consider dividend revision from 4 percent to 2 percent
PATINTLOG · price
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Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹13.90
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AI summary
Patel Integrated Logistics has scheduled a Board Meeting on 24 Aug 2026 at 12:15 PM. Key agenda: approve the 64th AGM Notice and Draft Annual Report, and revise the dividend rate from 4 percent to 2 percent, as recommended by the Board on 12 May 2026. This represents a 50 percent cut in dividend rate.
Likely market impact
Dividend cut from 4 percent to 2 percent may disappoint income-seeking shareholders and could weigh negatively on the stock price.