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Awaiting price reaction for this filing.
Sanco Trans Ltd's Board of Directors, at a meeting held on 27 May 2025, has recommended a dividend of Rs. 2.70 per equity share for the financial year ended 31 March 2025. The dividend is subject to approval from shareholders at the upcoming Annual General Meeting. The board meeting ran from 6:00 PM to 7:50 PM. This filing is marked as a 'Revised outcome', suggesting a corrected or updated version of an earlier disclosure.
Shareholders stand to receive Rs. 2.70 per share if approved at the AGM, which provides a direct income benefit. The actual impact on the stock price will depend on the dividend yield relative to the current share price.