Pondy Oxides & Chemicals (POCL) — Corporate Action

📢 Key Event
Board revised dividend to ₹2 per share after 2:1 stock split

🔄 What Changed
Dividend per share reduced from ₹5 to ₹2 due to share subdivision

💡 Investor Takeaway
The dividend amount per share decreased after the stock split, though the payout ratio remains unchanged.

Pondy Oxides & Chemicals clarified that its board recommended a 100% dividend on equity shares with a face value of ₹5, but after a 2:1 stock split effective July 2, 2026, the dividend per share was revised to ₹2, maintaining the same payout ratio while reducing the absolute payout.

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About Pondy Oxides & Chemicals Ltd (POCL)

Metals & Mining · Non Ferrous Metals · Listed on BSE

Market Cap: ₹1,510.61 Cr P/E: 12.4 ROE: 18.1% ROCE: 21.6% Div Yield: 1.01%

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🔥 Also filed on 28 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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