Paushak LimitedPAUSHAKLTDNSE
Towers, DalaI Street
As filed · Dividend
CapitalImprovingMinormateriality 46 out of 100
What happened
FactTowers, DalaI Street. Recommended a dividend of Rs. 2.50/- (50%) per EquitY Share having face value. of Rs. 5/_ each, subject to approval of the Shareholders at the ensuing Annual.
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.
Watch next
Fact- Record date
- Payout as a share of profit
Evidence
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%