Announced Wed, 13 May · 17:18 IST
Declaration of Final dividend for FY 25-26
Corporate Actions View source PDF
Price
▲ 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
-3.8%1-day move
₹939.90
prior close
₹973.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-5.3-3.0-3.3-2.4-3.8-3.3-2.3-4.2-6.4-7.1-10.6-8.0-8.5—
Up moveDown movePending
AI summary
The Board of Directors of Permanent Magnets Ltd has recommended a final dividend of Rs. 2.20 per equity share (22% on face value of Rs. 10 each) for the financial year ended March 31, 2026. This dividend is subject to approval by shareholders at the ensuing Annual General Meeting. The board meeting to consider this was held on May 13, 2026.
Likely market impact
The dividend signals the company generated sufficient profits and cash flows to distribute earnings to shareholders. Final dividend approval at AGM will confirm the payout, which could provide modest positive sentiment for investors seeking income.