IG Petrochemicals Limited Board Approves Annual Financial Results and Recommends Dividend
IG Petrochemicals Limited announced the outcomes of its Board of Directors meeting held on May 18, 2026. During the meeting, the board approved the company's standalone and consolidated audited financial results for the quarter and the full year ending March 31, 2026.The Board also recommended a dividend for the financial year ended March 31, 2026. The recommended dividend is 50% of the paid-up capital, amounting to Rs. 5/- per equity share of Rs. 10/- each. The disbursement of this dividend remains subject to the approval of the company's members at the ensuing Annual General Meeting.
The key outcomes from the Board meeting are summarized below:
| Outcome | Detail | Financial Figure | Condition |
|---|---|---|---|
| Financial Results | Standalone and Consolidated Audited Results (Qtr and Year) | N/A | Approved for the year ended March 31, 2026 |
| Dividend Recommendation | Percentage | 50% | Subject to AGM approval |
| Dividend Amount | Per Equity Share | Rs. 5/- (on Rs. 10/- face value) | Subject to AGM approval |
The meeting commenced at 4:30 p.m. and concluded at 6:00 p.m. The standalone and consolidated audited financial results for the year ended March 31, 2026, are attached to the original announcement.
IGPL Stock Price Movement
IG Petrochemicals Limited shares settled at ₹446.05 today, gaining 3.28% in post-market trading. The equity saw a traded volume of 48,767 shares, indicating strong investor interest throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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