Announced Mon, 24 Aug, 2026 · 17:15 IST
Dividend cut from Rs 0.40 to Rs 0.20 per share due to buyback spend
PATINTLOG · price
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Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹13.49
prior close
₹13.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+3.0+2.9+0.2-1.8-2.7-3.6-3.4-5.0-2.1+2.1+1.0——
Up moveDown movePending
AI summary
Board revised recommended final dividend for FY ending March 31, 2026 from Rs 0.40 per share (4 percent) to Rs 0.20 per share (2 percent). Reason: funds used in recent buyback of equity shares and resultant cash flow position. Subject to AGM approval on September 24, 2026. Register of members closed September 18 to 24, 2026. Record date to be announced separately.
Likely market impact
Final dividend halved from Rs 0.40 to Rs 0.20 per share owing to recent buyback; shareholder payout reduced.