Recommendation of Dividend

Corporate Actions View source PDF Explain this filing

TNPETRO · 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

-1.0%Reaction day

₹90.95

prior close

₹87.75

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-1.6% vs market

Petrochemicals peers, median of 12sector-1.1%+0.1% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 0.1 pts more than its Petrochemicals 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

-0.7

10m

-0.7

15m

-0.3

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0+0.6-1.6-1.1+0.1

Next day

-1.0+1.7-2.7-0.8-0.2

-1.0+1.8-2.8+0.8-1.8

+0.3+3.4-3.1+0.8-0.5

+0.5+4.1-3.7+2.9-2.4

-0.9+4.1-5.0+2.2-3.1

-3.7+2.3-6.0+0.1-3.7

15d

-1.0+1.8-2.7-0.9-0.1

-0.4+10.8-11.2+9.6-10.0

+3.4+10.3-7.0+1.7+1.6

+26.9+14.9+11.9+2.6+24.3

UpDownMarket · Nifty Microcap 250Sector · Petrochemicals peers, median of 12Pending

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

AI summary

The Board of Directors has recommended a dividend of 15% (₹1.50 per equity share of face value ₹10) for the financial year ended 31st March 2026. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The company has also approved its audited standalone and consolidated financial results for the quarter and year ended 31st March 2026. The exact date of dividend payment will be announced after the AGM date is finalized. The board meeting lasted from 2:00 PM to 3:45 PM on 19th May 2026.

Likely market impact

A 15% dividend translates to a modest 1.5% yield based on face value. However, the actual yield for investors will depend on the prevailing market price. This positive signal indicates the company generated profits in FY2026 and is sharing earnings with shareholders pending formal approval.