Dividend19 May 2026, 05:31 pm
TPL Recommends 15% Dividend for FY26
AI Summary
Tamilnadu Petroproducts Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026, and recommended a 15% dividend (₹1.50 per share) subject to shareholder approval at the AGM. The board meeting commenced at 2:00 PM and concluded at 3:45 PM. Auditors issued an unmodified opinion, but drew attention to the lease agreement expiry with the Tamilnadu government, pending renewal.
Key Highlights
- Audited financial results (standalone and consolidated) approved for FY26.
- Recommended 15% dividend (₹1.50 per share) for FY26, pending AGM approval.
- Auditors issued an unmodified opinion on the financial results.
- Attention drawn to lease agreement expiry with Tamilnadu government, renewal pending.
Price Impact
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