Announced Sat, 30 May · 17:17 IST

Board recommended dividend for Rs. 3.00/- per shares (i.e. 30%) on 54,70,240 of Rs. 10/- each for the financial year ended on 31st March, 2026, subject to approval of shareholders at the ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-6.6%1-day move
₹332.00
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AI summary

Patels Airtemp India's Board of Directors has recommended a dividend of Rs. 3.00 per share (30% on face value of Rs. 10) for the financial year ended 31st March 2026. This dividend applies to all 54,70,240 equity shares. The recommendation is subject to approval by shareholders at the company's 34th Annual General Meeting. If approved at the AGM, the dividend will be paid to eligible shareholders within 30 days of the meeting, after deducting TDS. The company also reported audited financial results for Q4 and FY 2026 with an unmodified audit opinion.

Likely market impact

The 30% dividend signals the company is sharing profits with shareholders, though the impact on stock price will depend on market price and investor expectations for future performance. The announcement came alongside Q4/FY2026 results showing positive financial health.