StockWatch
·
Pharmaceuticals
Dividend30 Sept 2026, 02:36 pm

Themis Medicare Approves ₹4.6 Cr Dividend and AOA Amendment

AI Summary

Themis Medicare Ltd announced that its members have approved a dividend of Re. 0.50 per equity share, amounting to a total of ₹4,60,50,060 for the Financial Year ended March 31, 2026. Additionally, the company's Articles of Association (AOA) have been amended. Specifically, Article 13(1) Clause (c) was modified by deleting a condition related to valuation reports for share price determination. The amended clause now allows for share transactions for cash or other consideration without the previous valuation requirement.

Key Highlights

  • Dividend of Re. 0.50 per share approved.
  • Total dividend payout amounts to ₹4,60,50,060.
  • Articles of Association amended to simplify share transactions.
  • Valuation report requirement for share pricing removed.