PI Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2025, recommended Final Dividend of 10 per equity share.
PIIND · price
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On the reaction day the stock moved 0.5 pts more than Nifty Midcap 150 and 1.1 pts less than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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PI Industries' Board, on May 19, 2025, approved audited standalone and consolidated financial results for Q4 and FY25, with the auditor (Price Waterhouse) issuing an unmodified opinion. The Board recommended a final dividend of Rs. 10 per equity share (1000% on Re. 1 face value), taking total FY25 dividend to Rs. 16 per share (including Rs. 6 interim already paid). The 78th AGM is scheduled for August 14, 2025, with August 7, 2025 fixed as the record date for dividend eligibility. The Board also approved a 5-year appointment of Makarand M. Joshi & Co. as Secretarial Auditor, re-appointed K.G. Goyal & Co. as Cost Auditor, and made several director re-appointments and new appointments including MD Mayank Singhal's 5-year extension.
Shareholders on record as of August 7, 2025 will receive the Rs. 10 final dividend within 30 days of AGM approval, supplementing the Rs. 6 already paid. Given PI Industries' premium stock price, the dividend yield remains modest, so the announcement is more about continuity of shareholder returns and corporate governance updates rather than a major catalyst for the stock.