Announced Thu, 17 Sept, 2026 · 11:03 IST
Dividend correction: final dividend reduced from Rs 0.05 to Rs 0.03 per share
RMDRIP · price
▲ 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
-3.9%1-day move
₹23.40
prior close
₹23.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.0+0.8+0.7-3.9-1.7+1.8+2.1+0.6+0.1————
Up moveDown movePending
AI summary
The Board had recommended a final dividend of Rs 0.03 per equity share (face value Rs 1) for FY ending 31 March 2026, subject to shareholder approval at the AGM. This corrigendum corrects an earlier intimation dated 08 September 2026, which had mistakenly mentioned Rs 0.05 per share due to a typographical error. The revised AGM notice is being sent to members. All other details including the record date remain unchanged.
Likely market impact
Dividend is lower than initially announced. Shareholders will receive Rs 0.03 per share instead of the earlier mentioned Rs 0.05. Minor cash flow impact.