Tainwala Chemical and Plastic (I) Limited has informed the Exchange that Board of Directors at its meeting held on August 05, 2025, declared Interim Dividend of 3 per equity share.
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The Board of Directors met on August 5, 2025 and declared an Interim Dividend of INR 3 per equity share (30% on face value of INR 10) for FY 2025-26, with the record date set as Monday, August 11, 2025. Payment will be made within 30 days. The Board also approved the unaudited Q1 FY26 results, which showed strong growth: total income rose to INR 409.58 lakhs from INR 233.68 lakhs in the same quarter last year. Profit after tax jumped to INR 281.23 lakhs (from INR 78.91 lakhs YoY), translating to an EPS of INR 3.00 versus INR 0.84. The Board additionally approved the notice for the 40th AGM to be held on September 18, 2025, and a charitable contribution of INR 50 lakhs to Central Hindu Military Education Society, Nashik.
Shareholders on the books as of August 11, 2025 will receive a 30% interim dividend, providing near-term cash returns. The sharp rise in Q1 profits (over 3x YoY) signals improving core performance, which is likely to support positive short-term sentiment around the stock, though core operating income from plastic sheets remains modest.