StockWatch
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Household Products
Dividend20 Jun 2026, 03:00 pm

Panasonic Energy India Approves 19.50% Dividend

AI Summary

Panasonic Energy India Company Ltd announced that its Board of Directors, in a meeting held on May 29, 2026, approved the declaration of a dividend of 19.50% (Rs. 1.95 per equity share) for the financial year 2025-26. The dividend, if approved by shareholders at the upcoming 54th Annual General Meeting, will be paid within 30 days. The board also considered and approved the standalone audited financial results for the quarter and year ended March 31, 2026. Notably, the company's statutory auditors, BSR & Co, issued a modified report due to the company's inability to comply with the Battery Waste Management Rules, 2022, and the lack of a provision for potential obligations under these rules.

Key Highlights

  • Board approves 19.50% dividend for FY2025-26.
  • Dividend payment contingent on shareholder approval at AGM.
  • Audited financial results for FY2025-26 approved.
  • Auditors issued a modified report on financial results.
  • Non-compliance with Battery Waste Management Rules noted.