TNPETROBSETamilnadu Petroproducts LtdHighPositive
Announced Tue, 19 May · 17:44 IST

Recommendation of Dividend

Corporate Actions View source PDF

TNPETRO · price

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▲ 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
-1.0%1-day move
₹90.95
prior close
₹87.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.7-0.3+0.2-1.0-1.0+0.3+0.5-0.9-3.7-1.0-0.4+3.4
Up moveDown movePending
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.