Pitti Engineering LimitedPITTIENGNSE
Board of Directors at its meeting held on April 21, 2025, recommended Final Dividend of Rs. 1.50 per equity…
As filed · Pitti Engineering Limited has informed the Exchange that Board of Directors at its meeting held on April 21, 2025, recommended Final Dividend of Rs. 1.50 per equity share.
CapitalImprovingMinormateriality 48 out of 100
What happened
FactPitti Engineering Limited has informed the Exchange that Board of Directors at its meeting held on April 21, 2025, recommended Final Dividend of Rs. 1.50 per equity share. Floor 25, P J Towers, Dalal Street. Recommended a dividend of ₹ 1.50/- (30%) per equity share of face value 5/- each for the financial.
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.
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Fact- Record date
- Payout as a share of profit
Evidence
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +2 corroborating keywords; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%