Pix Transmissions Limited has informed the Exchange that Board of Directors at its meeting held on May 23, 2025, recommended Final Dividend of Rs. 9 per equity share.
PIXTRANS · price
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On the reaction day the stock moved 10.6 pts less than Nifty Microcap 250 and 9.7 pts less than its Rubber peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Pix Transmissions Limited has informed the stock exchange that its Board of Directors, at a meeting held on May 23, 2025, has recommended a Final Dividend of Rs. 9 per equity share. Final dividends are subject to approval by shareholders at the upcoming Annual General Meeting. The dividend will be paid to shareholders who hold shares on the record date, which will be announced separately. This is a standard post-board-meeting disclosure under SEBI listing regulations.
The Rs. 9 final dividend is a positive cash return signal for shareholders, though the actual yield depends on the current share price. Approval at the AGM and announcement of the record date will be the next key triggers.