PODDARMENTNSEPoddar Pigments LimitedMediumPositive
Announced Fri, 15 May · 14:25 IST

Poddar Pigments Limited has informed the Exchange that Board of Directors at its meeting held on May 15, 2026, recommended Final Dividend of Rs. 4.00 per equity share.

Corporate Actions View source PDF

PODDARMENT · price

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Price reaction · full curve 14 horizons · vs prior close
-7.4%1-day move
₹267.20
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₹257.00
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AI summary

Poddar Pigments Limited reported audited financial results for FY2026 ended March 31, 2026. The Board approved results with an unmodified audit opinion from K.N. Gutgutia & Co. The company recommended a final dividend of Rs. 4 per share (40% on face value of Rs. 10), totaling Rs. 424.40 lakhs in outflow, subject to shareholder approval at the 35th AGM. Book closure date has been fixed 7 days before the AGM. The company also successfully commissioned a 3.51 MWp solar power plant in Jaisalmer, Rajasthan in January 2026.

Likely market impact

The dividend recommendation of Rs. 4 per share signals stable cash flow generation. Shareholders should note the dividend is subject to approval at the ensuing AGM and book closure date will be announced separately.