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Panama Petrochem Limited is engaged in the business of manufacturing and exporting various kinds of Petroleum specialities.
Panama Petrochem will hold its AGM, proposing a Re. 1 dividend per share. Key agenda includes seeking approval to raise up to Rs. 200 Cr via equity/convertible securities for future business growth and re-appointment of directors.
Panama Petrochem has announced its 44th Annual General Meeting for FY25-26. The Annual Report is available online. Shareholders should update their email and KYC for e-voting and joining the meeting.
Panama Petrochem proposes a 1:1 bonus share issue and an Rs 0.80/share dividend. The company also seeks to increase authorized capital from Rs 10 Cr to Rs 20 Cr and consider sale/disposal of an undertaking.
Panama Petrochem is transferring shares with unclaimed dividends for seven or more consecutive years to the Investor Education and Protection Fund (IEPF) Demat Account. Affected shareholders should take prompt action.
Panama Petrochem launched a '100 Days Campaign - Saksham Niveshak' to help shareholders recover unclaimed/unpaid dividends. The company published notices, aiming to ensure investors claim their pending funds and check the company website for details.