Board of Directors at its meeting held on October 14, 2026, declared Interim Dividend of Rs. 3 per equity…
As filed · Mangalore Refinery and Petrochemicals Limited has informed the Exchange that Board of Directors at its meeting held on October 14, 2026, declared Interim Dividend of Rs. 3 per equity share.
What happened
FactBoard of Directors at its meeting held on October 14, 2026, declared Interim Dividend of Rs. 3 per equity share. Declaration of Interim Dividend for the Financial Year 2026-27. An Interim dividend at the rate 23 /- on fully paid up equity shares of %10/- each i.e. @3m&.
Why it matters
CapitSignal interpretationA dividend moves cash off the balance sheet to shareholders, so it is both a return and a statement about how much cash the business does not need.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
WithdrawnRetail expansion into new regions and other states will continue with a goal to reach 1,000 retail outlets in near future.
Retail expansion and deeper penetration in Southern India will remain key to our future growth.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Record date
- Payout as a share of profit
- whatever is the 1% target, we will be ready by the date of, say, January 2027 to meet those targets. (management committed by FY27)
- By the end of this year, we target to cross 250, that is the number. (management committed by FY27)
Evidence
- Mangalore Refinery and Petrochemicals Limited has informed the Exchange that Record date for the purpose of Dividend is 21-Oct-2026.(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · FY25
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +2 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%