Pashupati Cotspin sets Sep 23, 2026 as Record Date for ₹0.05 Final Dividend
Pashupati Cotspin Limited has fixed September 23, 2026, as the Record Date for its final dividend for FY 2025-26. The company recommended a dividend of ₹0.05 per equity share (5.00%). Shareholders must approve this at the AGM. Payment will be made within 30 days of AGM approval.
The dividend amount is very small (₹0.05 per share), and the record date is in the future, suggesting a minimal immediate impact on the stock price.
The announcement of a dividend is generally positive for shareholders as it indicates the company's profitability and commitment to returning value.
Pashupati Cotspin Limited has announced that the Record Date for determining entitlement to the final dividend for the financial year 2025-26 has been fixed as Wednesday, September 23, 2026. This follows the Board of Directors' recommendation on May 29, 2026, for a final dividend, pending shareholder approval at the upcoming Annual General Meeting (AGM).
The recommended final dividend is ₹0.05 per equity share, which represents 5.00% of the paid-up equity share capital. Each share has a face value of ₹1. If approved by shareholders at the AGM, the dividend payment, after tax deductions, will be processed within 30 days of the AGM approval.
The company made this disclosure in accordance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
A plain-language summary of a public exchange filing by Pashupati Cotspin Limited. Read the original for the full detail.