PTC India on Thursday said its shareholders have approved the resolution for a final dividend of ₹7.80 per equity share for FY24. The resolution was passed at an annual general meeting of the power trading solutions provider recently, PTC India said in a release.

“PTC’s shareholders approved the resolution for declaring the final dividend at the rate of 78% (₹7.80 per equity share of ₹10 each) for the financial year 2023-24 by an overwhelming majority. To ensure the interest of its shareholders, PTC would be paying the dividend to all members as on the record date in accordance with law,” the company said.

PTC India share price settled at ₹203.05, down 3.3% on the National Stock Exchange. So far this year, the stock has risen nearly 5%. The one-year return on the stock is more than 53%.