Board recommends Rs 1 final dividend, fixes Sept 17 record date

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

+3.2%Reaction day

₹615.30

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+2.6% vs market

Packaging peers, median of 66sector+0.6%+2.6% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 2.6 pts more than its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+3.2+0.6+2.6+0.6+2.6

Next day

+2.2+1.3+0.9+0.0+2.2

+5.1+1.7+3.4+0.1+5.0

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15d

+8.3+1.3+7.0-2.2+10.6

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UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 66Pending

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

AI summary

The board has recommended a final dividend of Rs. 1 per equity share (100 percent on Rs. 1 face value) for FY26, subject to shareholder approval at the AGM. The 42nd AGM is scheduled for September 24, 2026, at 3 PM in Ahmedabad. The record date for dividend eligibility is September 17, 2026, and share transfer books will remain closed from September 18 to 24, 2026.

Likely market impact

Eligible shareholders on record date Sept 17, 2026 will receive Rs 1 per share as final dividend once approved at the AGM.