Ddev Plastiks dividend FY26: ₹1.75 per share approved
What shareholders approved at the 6th AGM
Ddev Plastiks Industries Limited said shareholders approved a total dividend of ₹1.75 per equity share for FY26 at the company’s 06th Annual General Meeting (AGM) held on September 26, 2026. The company indicated the payout combines an interim dividend of ₹0.50 per share and a final dividend of ₹1.25 per share. Both dividends relate to equity shares with a face value of ₹1 each. The approval formalises the distribution framework the company had communicated ahead of the meeting. The AGM was held through video conferencing and other audio-visual means, as referenced in the company’s exchange updates on the AGM proceedings and outcome dated September 26, 2026.
Dividend breakup: interim, final, and headline payout
The ₹1.75 per share total includes two components that were separately disclosed in the company’s resolution details. The interim dividend was stated as ₹0.50 per share, described as 50%. The final dividend was stated as ₹1.25 per share, described as 125%, and required shareholder approval at the AGM. With the AGM approving the final dividend, the company’s FY26 total dividend stands confirmed at ₹1.75 per share. The company also communicated that the record date applied to eligibility determination for the final dividend.
Record date set for dividend eligibility and voting rights
Ddev Plastiks Industries set September 19, 2026 as the record date for determining shareholders eligible for the 125% final dividend and for e-voting rights at the 6th AGM. The company’s exchange communication dated August 31, 2026 referenced this record date. In a separate communication to shareholders regarding tax deduction on dividend and updation of details, the company reiterated the recommended dividend of ₹1.25 per share for FY26, the record date of September 19, 2026, and shareholder approval at the AGM on September 26, 2026.
Board approval trail: final dividend cleared in May
The company stated that the board approved the recommended final dividend payout during its meeting on May 25, 2026. This board decision set the stage for the shareholder vote at the September 26, 2026 AGM. The same May 25, 2026 date also appears in the company’s listed corporate calendar items as “Audited Results.” While the article information does not specify the quantum of distributable profits, it clearly ties the final dividend recommendation to the board meeting held on May 25, 2026.
E-voting window and results declaration
Ddev Plastiks Industries said remote e-voting would commence at 9:00 am on September 23, 2026, and conclude at 5:00 pm on September 25, 2026. This schedule was repeated in the company’s AGM-related disclosures. The company also stated that voting results will be declared on or before September 29, 2026. For shareholders, the dates matter because the voting window closes a day before the AGM, and the results timeline provides a clear deadline for formal reporting.
Statutory auditor re-appointment and audit fee disclosure
The AGM agenda also included the re-appointment of M/s B. Mukherjee & Co. as Statutory Auditors for a second five-year term. The proposed statutory audit fee for FY27 was disclosed at ₹3.25 lakhs plus taxes and out-of-pocket expenses. The company also provided context on historical audit-related payments, stating total fees paid in FY26 were ₹5.25 lakhs, including tax audit and certification fees. These disclosures give investors a line of sight into governance continuity and the cost framework for statutory audits.
Stock snapshot: price, 1-year return, and valuation metrics
As of September 27, 2026, the stock price was stated as ₹256.15. Another line item in the provided data also showed a close price of ₹256 on September 25, along with a daily move of -0.62%. The stock’s 1-year return was listed as -26.97%. The company’s market metrics shared in the article included Market Cap of ₹2,651 crore, Current Price ₹256, High/Low ₹360/₹185, Stock P/E 12.4, Book Value ₹97.9, Dividend Yield 0.68%, ROCE 31.0%, ROE 21.8%, and Face Value ₹1.00. The dataset also cited market cap of ₹2,717.30 crore as of September 25, 2026.
Business profile and end-market exposure
The company is described as a manufacturer of plastic compounds and is presented as India’s largest listed manufacturer of polymer compounds, with over four decades of operating history. It supplies customised polymer compounds primarily to the wires and cables industry, and also serves applications in packaging, white goods, engineering plastics, footwear, infrastructure, renewables, and industrial sectors. The corporate description adds operating context for why dividend announcements and AGM outcomes can matter to investors tracking cyclicality across downstream segments.
Sustainability disclosures filed for FY26
Ddev Plastiks Industries submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to exchanges on August 31, 2026. The disclosed metrics included total energy consumption of 2,55,849.67 GJ, with renewable share of 5,251.28 GJ. Scope 1 greenhouse gas emissions were reported at 838.91 MT CO2e, compared with 107.39 MT CO2e in FY25. Total waste generated was reported at 2,141.09 metric tonnes, with the increase attributed to a rise in hazardous waste. The company also stated all 31 stakeholder complaints received during FY26 were resolved within the year.
Key facts table: dividends, dates, and AGM process
Market impact: what changed for shareholders
From a shareholder standpoint, the key market-relevant output of the AGM was the approval of the final dividend, completing the stated FY26 total payout of ₹1.75 per share. The record date being September 19, 2026 defines eligibility for the final dividend, while the e-voting timeline sets out when shareholders could participate in AGM resolutions. Beyond dividends, the auditor re-appointment proposal and fee disclosures provide governance-related data points that are commonly tracked across listed companies. The stock-level context provided with price (₹256.15), 1-year return (-26.97%), and dividend yield (0.68%) frames the payout within the broader trading and return profile that investors have experienced.
Why the AGM outcome matters: governance and repeatability of disclosures
The disclosures around the board approval date (May 25, 2026), record date (September 19, 2026), and voting schedule create an auditable trail for dividend governance. The company also paired its AGM updates with operational and ESG reporting via the FY26 BRSR filing on August 31, 2026, including energy use, emissions, waste, and complaint resolution data. For investors, the combination of dividend approvals, calendar clarity, and statutory audit continuity are practical markers used to assess process discipline, especially when the stock has shown a 1-year return of -26.97% per the data provided.
Conclusion
Ddev Plastiks Industries’ 6th AGM on September 26, 2026 approved a total FY26 dividend of ₹1.75 per share, comprising ₹0.50 interim and ₹1.25 final dividend. The record date was set as September 19, 2026, with remote e-voting scheduled from September 23 to September 25 and results due on or before September 29, 2026. Alongside the dividend, the AGM agenda included the re-appointment of M/s B. Mukherjee & Co. as statutory auditors and disclosure of the proposed FY27 audit fee structure.
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