Pondy Oxides & Chemicals Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2026, recommended Final Dividend of Rs. 5 per equity share.
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The Board of Directors of Pondy Oxides & Chemicals Limited met on May 26, 2026, and recommended a Final Dividend of Rs. 5 per equity share, representing a 100% payout. This dividend is for the Financial Year 2025-26 and is subject to approval from shareholders at the upcoming Annual General Meeting. The board meeting lasted from 3:00 PM to 5:00 PM. The company will announce the record date and payment date separately after shareholder approval.
The recommendation of a 100% dividend (Rs. 5 per share) signals the company's profitability and cash generation ability. Shareholders can expect a decent cash return if approved at the AGM, though the actual yield will depend on the prevailing market price.