Panama Petrochem Fixes Record Date for Dividend; AGM Scheduled for 9 September

Mumbai, 8 July 2025: Panama Petrochem Ltd. (BSE: 524820 | NSE: PANAMAPET) has officially announced that its 43rd Annual General Meeting (AGM) will be held on Tuesday, 9 September 2025, at 11:30 A.M. IST through Video Conferencing (VC) and Other Audio Visual Means (OAVM), in compliance with applicable guidelines issued by the Ministry of Corporate Affairs and SEBI.

Following the announcement of its dividend record date and upcoming AGM, Panama Petrochem Ltd. (NSE: PANAMAPET) witnessed a modest uptick in early trade on 8 July 2025. The stock opened at ₹354.00 and rose to an intraday high of ₹355.65 before trading at ₹355.00 by 9:48 AM IST, marking a gain of ₹2.80 or 0.79%. The positive movement reflects investor optimism around the company’s dividend payout and continued governance transparency.

Shareholders Must Note 2 September as Cut-Off for Dividend Eligibility

The company has fixed Tuesday, 2 September 2025, as the Record Date for determining shareholder eligibility for the final dividend for the financial year ending 31 March 2025. Investors holding shares as of this date will be entitled to receive the declared dividend.

This disclosure aligns with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates the timely declaration of record dates for corporate actions such as dividends.

Virtual AGM Offers Wider Participation for Shareholders

In line with regulatory provisions, the AGM will be conducted digitally to ensure wider shareholder participation while maintaining transparency and governance standards. This move ensures continued engagement with stakeholders without requiring physical presence.

Wide Industry Reach and Global Exports Cement Panama Petrochem’s Market Standing

Panama Petrochem Ltd. is a publicly listed manufacturer of petroleum-based specialty products. The company serves a wide range of industries, including cosmetics, pharmaceuticals, textiles, rubber, and ink, through its multiple manufacturing facilities in India. With exports reaching over 40 countries, Panama Petrochem maintains a strong global presence. The company’s equity shares are listed on both the BSE and NSE.

REF:https://www.bseindia.com/xml-data/corpfiling/AttachLive/892d8d35-17d1-485f-a82d-a53d7564efcd.pdf

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