Alpha Tribe

POCL Enterprises LtdImportant, 25-05-2026: Company Update

25-05-2026 · 06:48 pm

The company's board has approved the audited financial results for the quarter and year ended March 31, 2026. Separately, the board proposed a final dividend of Re. 0.80 per equity share for the financial year, pending shareholder approval. The company also confirmed there was no deviation in the utilization of funds raised through a preferential issue. It secured approximately 58.30 Cr from equity shares and an initial 2.84 Cr for convertible warrants, with the remaining 75% expected upon warrant conversion within 18 months. These funds were utilized according to their stated objectives, which is good for shareholder trust.

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