Power Mech Projects Limited has informed the Exchange that Board of Directors at its meeting held on May 22, 2025, recommended Final Dividend of 1.25 per equity share.
POWERMECH · price
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On the reaction day the stock moved 5.8 pts more than Nifty Microcap 250 and 6.8 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Power Mech Projects Limited's Board of Directors, at a meeting held on May 22, 2025, has recommended a final dividend of ₹1.25 per equity share (12.5% on the face value of ₹10) for the financial year ended March 31, 2025. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting (AGM) and, if approved, will be paid within 30 days of such approval. The Board meeting commenced at 2:30 p.m. and concluded at 5:40 p.m. The company has also made this information available on its website.
This is a routine final dividend declaration, which is a positive return signal for shareholders. The actual yield on the stock will depend on the prevailing market price; investors should check the company's ex-dividend and record dates to be eligible for this payout.