Panama Petrochem fixes record date Aug 17, 2026 for FY26 dividend

0 min read     Updated on 17 Jul 2026, 04:33 PM
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AI Summary

Panama Petrochem Ltd has fixed August 17, 2026 as the record date to determine shareholder eligibility for the dividend for FY26. The company's Forty-fourth Annual General Meeting is scheduled for August 24, 2026, via Video Conferencing.

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Panama Petrochem Ltd has fixed Monday, August 17, 2026 as the record date to determine the entitlement of members eligible to receive the dividend for the financial year ended March 31, 2026. This announcement was made pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company will conduct its Forty-fourth Annual General Meeting on Monday, August 24, 2026 at 11:30 A.M. IST. The meeting will be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Key Dates

Event Date
Record Date August 17, 2026
Annual General Meeting August 24, 2026

Historical Stock Returns for Panama Petrochem

1 Day5 Days1 Month6 Months1 Year5 Years
-0.51%+9.57%-7.95%+57.59%+26.75%+82.84%

What dividend payout ratio is the company targeting for the financial year ending March 31, 2026?

How might the announcement of the record date impact Panama Petrochem's stock liquidity in the short term?

What strategic initiatives or capital allocation plans will be discussed during the Forty-fourth Annual General Meeting?

Panama Petrochem purchases Mumbai office for INR 41.59 Cr

0 min read     Updated on 07 Jul 2026, 05:57 AM
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AI Summary

Panama Petrochem Ltd has purchased commercial premises in Mumbai for INR 41,59,10,080, finalized on July 06, 2026. The acquisition includes units 701, 702, 703, and 802 in the WORQ by S. Raheja project at Khar (West). The total consideration includes GST, registration charges, and other fees, as disclosed to the exchanges under Regulation 30 of the SEBI (LODR) Regulations, 2015.

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Panama Petrochem Ltd has acquired commercial premises in Mumbai for a total consideration of INR 41,59,10,080. The purchase, finalized on July 06, 2026, includes units within the WORQ by S. Raheja project located at Khar (West). The total cost encompasses GST, registration charges, processing fees, and other associated charges.

The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The property is intended for office purposes, strengthening the company's infrastructure in the region.

Transaction Details

The specifics of the property acquisition are outlined below:

Particulars Details
Party Name S. Raheja
Project Name WORQ by S. Raheja
Description of Property Unit No. 701, 702, 703 and 802 located at Khar (West), Mumbai-400052, Maharashtra
Purpose Commercial Premises (for office purpose)
Consideration INR 41,59,10,080 (Rupees Forty One Crore Fifty Nine lacs Ten Thousand and Eighty Only)

The filing was signed by Gayatri Sharma, Company Secretary & Compliance Officer of Panama Petrochem Ltd.

Historical Stock Returns for Panama Petrochem

1 Day5 Days1 Month6 Months1 Year5 Years
-0.51%+9.57%-7.95%+57.59%+26.75%+82.84%

How will this significant capital expenditure impact Panama Petrochem's cash flow and liquidity in the upcoming fiscal year?

Does this acquisition indicate a strategic shift towards expanding corporate operations in Mumbai, and will it lead to increased headcount?

What are the expected operational synergies or efficiency gains from consolidating office functions in the new WORQ by S. Raheja facility?

More News on Panama Petrochem

1 Year Returns:+26.75%