Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
---|---|---|---|---|---|---|
Dividend | 26 May 2023 | 30 Aug 2023 | - | 1.25 | 125 | Final |
Pursuant to Regulation 33 and Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the Audited Standalone and Consolidated Financial Results, Segment wise revenue results, Capital Employed and Statement of Assets & Liabilities and Cash flow Statement for the financial year ended March 31, 2023 duly approved by the Board of Directors at its meeting held today i.e. May 26, 2023 The meeting of the Board of Directors of the Company commenced at 11:00 a.m. and concluded at 6.30 p.m. We submit herewith clarification on rate of dividend recommended by Board of Directors. With reference to our earlier letters dated 26th May, 2023 and 14th July, 2023 respectively, we wish to clarify that the Board of Directors at their meeting held on 26th May, 2023 had recommended a Dividend of Rs.12.50 (125%) per Equity Share of face value of Rs.10/- each for the financial year 2022-23. However, w.e.f 12th June, 2023 (record date), 1 Equity share of the face value of Rs. 10/- per share has been sub-divided into 10 Equity shares of face value of Re. 1/- per share. Therefore, the rate of dividend is adjusted according to Rs. 1.25 (125%) per Equity shares of Face value of Re.1 each. Hope this clarifies the matter (As Per BSE Announcement Dated on 19.07.2023) |
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