Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
---|---|---|---|---|---|---|
Dividend | 21 Jul 2023 | 21 Aug 2023 | 21 Aug 2023 | 9 | 90 | Final |
In continuation of our intimation dated July 14, 2023 and pursuant to Regulation 30 and other applicable regulations of the LODR, we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e. July 21, 2023, inter alia approved the Unaudited Financial Results (Consolidated and Standalone) for the quarter ended June 30, 2023. Further, in continuation of our intimation dated July 17, 2023 and pursuant to Regulation 30 of the LODR, we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e. July 21, 2023, recommended a Dividend of Rs. 9.00 per equity share of Rs. 10/- each for the financial year ended March 31, 2023. |
Despite this revenue growth, the company faced challenges due to a contraction in refining margins, influenced by a 30% decline in gasoline cracks
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The move comes four years after India prohibited Shein from selling products on its own app as part of a bigger crackdown on Chinese applications
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