Corrigendum: final dividend corrected to Rs 0.03 per share

Dividend cutCorporate Actions View source PDF Explain this filing

RMDRIP · price

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

Price reactionminutes from the announcement price · days from the prior close

-1.7%Reaction day

₹23.40

prior close

₹23.18

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-2.5% vs market

Plastic Products - Industrial peers, median of 43sector+0.8%-2.4% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 2.4 pts less than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.8

10m

+0.1

15m

-0.8

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7+0.8-2.5+0.8-2.4

Next day

-3.9+2.5-6.4+1.6-5.6

-1.7+2.3-4.0+1.1-2.8

+1.8+2.8-1.0+1.1+0.7

+2.1+4.1-2.0+1.8+0.3

+0.6+2.5-1.9+1.0-0.4

+0.1+1.2-1.1+0.7-0.6

15d

-5.1-0.8-4.3-2.7-2.3

-15.9-1.7-14.2-3.9-12.1

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UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 43Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The company issued a corrigendum fixing a typo in its 8 September 2026 intimation. The Board had actually recommended a final dividend of Rs 0.03 per equity share (face value Rs 1) for FY ended 31 March 2026, not Rs 0.05 as first stated. Subject to shareholder approval at the upcoming AGM. Revised AGM notice will be circulated.

Likely market impact

Corrected dividend is Rs 0.03, lower than Rs 0.05 first announced. Minor; actual Board recommendation unchanged since 30 May 2026.