The Peria Karamalai Tea & Produce Company Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2025, recommended Final Dividend of Re. 1 per equity share.
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On the reaction day the stock moved 4.7 pts less than Nifty Microcap 250 and 4.2 pts less than its Tea & Coffee peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of The Peria Karamalai Tea & Produce Company Limited, at its meeting held on May 26, 2025, has recommended a Final Dividend of Re. 1 per equity share for its shareholders. As a small-cap tea plantation company, this dividend reflects the company's intent to share profits with shareholders. The final dividend is subject to shareholder approval at the upcoming Annual General Meeting.
The Re. 1 per share dividend is a modest payout and may provide a small but stable income for shareholders. The announcement is largely neutral for the stock price in the short term, unless the yield is notably attractive relative to current market price.