POWERMECHBSEPower Mech Projects LtdHighPositive
Announced Wed, 20 May · 21:52 IST

Please find the attached

Corporate Actions View source PDF

POWERMECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.8%1-day move
₹2466.00
prior close
₹2524.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.2-0.2+2.2+3.8+3.4+1.3+1.3+1.6+1.6+13.0+17.1+2.4
Up moveDown movePending
AI summary

Power Mech Projects Ltd's Board has approved a final dividend of 15% i.e., ₹1.50 per equity share of face value ₹10 each for FY ended March 31, 2026. The dividend is subject to shareholder approval at the ensuing Annual General Meeting. If approved, the dividend will be paid within 30 days of the AGM. This follows the board meeting held on May 20, 2026 which lasted from 2:30 PM to 6:50 PM IST. The company is listed on NSE (Symbol: POWERMECH) and BSE (Security Code: 539302).

Likely market impact

The dividend of ₹1.50 per share is modest and conditional on shareholder approval, indicating the company is sharing profits with investors but the amount is not large enough to significantly impact stock price unless yield is unusually high relative to market price.