Pursuant to the Regulation 30 of SEBI (LODR) Regulations, 2015, we would like to inform that the Board of Directors in their Meeting held on Wednesday, 28-May-2025 have recommended a Dividend ....
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The Board of Directors of Polymechplast Machines Ltd, at its meeting held on 28 May 2025, has recommended a Final Dividend of 10% i.e. Rs. 1 per equity share on the face value of Rs. 10 each, for the financial year ended 31 March 2025. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The company is a manufacturer of gold coin and plastic processing machines based in Vadodara, Gujarat.
This is a routine annual dividend declaration and is subject to shareholder approval at the AGM. The Rs. 1 dividend on a Rs. 10 face value is a modest payout, and the actual yield for investors will depend on the current market price of the stock. Shareholders holding shares on the record date (to be announced) will be eligible for the dividend.