Polyplex Corporation has announced a final dividend of Re. 1 per share for the financial year 2025-26. The payout is applicable to shares with a face value of Rs. 10 each and remains subject to shareholder approval at the upcoming Annual General Meeting (AGM). Further details regarding the AGM date and the book closure period for determining shareholder eligibility will be disclosed by the company in due course.
Dividend Recommendation
During the board meeting held on May 23, 2026, the Board of Directors of Polyplex Corporation formally approved a recommendation for a final dividend payout. Shareholders are set to receive Re. 1 per share, based on a face value of Rs. 10 per equity share. This dividend payment is subject to deduction of applicable TDS/Withholding Tax as per prevailing tax regulations.
Shareholder Approval and Next Steps
The proposed dividend payout is contingent upon final approval by the members of the company during the ensuing Annual General Meeting (AGM). Once the dividend is declared at the meeting, it will be disbursed within the regulatory timeframe. The company has indicated that the specific date of the AGM and the schedule for the book closure, which will determine the list of shareholders eligible to receive the dividend, will be communicated in subsequent updates.
Meeting Proceedings
The company confirmed that the meeting of the Board of Directors commenced at 16:10 hours (IST) and concluded at 18:15 hours (IST) on May 23, 2026. Following this announcement, the company is preparing to update the relevant disclosures on its official website for investor access.
Source: BSE
