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Patel Integrated Logistics revises dividend to Rs 0.20 per share due to buyback
24-Aug-2026, 06:32
Patel Integrated Logistics Limited informed the Bombay Stock Exchange and National Stock Exchange that its board revised the recommended dividend from Rs 0.40 per equity share, representing 4% of the paid-up equity share capital, to Rs 0.20 per equity share, representing 2%, for the financial year ended March 31, 2026, citing the utilization of funds for a recent equity share buyback. The revised dividend is subject to approval by shareholders at the company’s 64th Annual General Meeting, to be held on September 24, 2026.
Patel Integrated Logistics Limited informed the Bombay Stock Exchange and National Stock Exchange that its board revised the recommended dividend from Rs 0.40 per equity share, representing 4% of the paid-up equity share capital, to Rs 0.20 per equity share, representing 2%, for the financial year ended March 31, 2026, citing the utilization of funds for a recent equity share buyback. The revised dividend is subject to approval by shareholders at the company’s 64th Annual General Meeting, to be held on September 24, 2026.