
Dividend20 May 2026, 09:21 pm
Valplast Tech Recommends ₹1 Final Dividend
AI Summary
Valplast Technologies Ltd's board has recommended a final dividend of ₹1.00 per equity share (10%) on shares with a face value of ₹10 each for the year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting. The dividend, if approved, will be paid within 30 days of the AGM, after deduction of tax at source. The record date and AGM date will be announced later. The board also approved audited financial results for the year ended March 31, 2026, and a variation in the utilization of IPO funds, reallocating funds from machinery purchase to general corporate purposes and working capital.
Key Highlights
- Valplast recommends a final dividend of ₹1.00 per share (10%) for FY26.
- Dividend payment is subject to shareholder approval at the AGM.
- Board approves audited financial results for the year ended March 31, 2026.
- IPO fund utilization revised, shifting funds to general corporate purposes.
- Rajat Mishra appointed as scrutinizer for the General Meeting/Postal Ballot.
Price Impact
More from VALPLAST