PTC India Limited has informed the Exchange that Record date for the purpose of Dividend is 05-May-2025.
PTC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
PTC India Limited's Board of Directors met on 26th April 2025 and approved two key items. First, Dr. Manoj Kumar Jhawar, the existing Whole Time Director, has been formally appointed as the Chairman & Managing Director of the company, with his term running until he reaches the superannuation age of 60 years. Second, the Board declared an interim dividend of 50% on the equity share capital, which works out to Rs. 5 per equity share on a face value of Rs. 10, for the financial year 2024-2025. The record date to identify shareholders eligible for this interim dividend has been fixed as Monday, 5th May 2025.
The Rs. 5 per share interim dividend is a direct cash reward for shareholders holding shares before the 5th May 2025 record date. The leadership change brings continuity as the existing Whole Time Director steps into the CMD role, which is generally viewed as a stable transition rather than a disruptive one.