The Board of Directors at its meeting held on July 09,2025, recommended the payment of a final dividend for the financial year 2024-25, subject to the shareholder''s approval at the ensuing ....
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Awaiting price reaction for this filing.
The Board of Directors of Pecos Hotels and Pubs Ltd, at its meeting held on July 9, 2025, recommended a final dividend of Rs 3.50 per equity share on shares with a face value of Rs 10 each for the financial year 2024-25. This translates to a dividend payout of 35% of the face value. The dividend is subject to approval by shareholders at the upcoming 20th Annual General Meeting. The board meeting commenced at 2:00 PM and concluded at 4:00 PM IST on the same day.
This is a value-returning announcement for shareholders, indicating the company is profitable enough to distribute dividends. The actual dividend yield for investors will depend on the prevailing market price of the stock, which is not provided in the filing.