StockWatch
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Plastic Products - Industrial
Dividend17 Sept 2026, 11:04 am

R M Drip and Sprinklers Corrigendum: Final Dividend Revised to ₹0.03

AI Summary

R M Drip and Sprinklers Systems Ltd has issued a corrigendum to its earlier intimation regarding the final dividend for the financial year ended March 31, 2026. The company clarified that due to a typographical error, the recommended final dividend was incorrectly stated as ₹0.05 per equity share. The Board of Directors had actually recommended a final dividend of ₹0.03 per equity share, subject to shareholder approval at the upcoming Annual General Meeting. The company is circulating a revised notice of the AGM to its members to reflect this correction. All other details from the previous intimation remain unchanged.

Key Highlights

  • Dividend recommendation corrected from ₹0.05 to ₹0.03 per share.
  • Correction is for the financial year ended March 31, 2026.
  • Dividend subject to shareholder approval at the AGM.
  • Revised AGM notice being circulated to members.