Marico receives board approval for second interim dividend of Rs4 per share in FY21

The company has fixed March 12 as the record date for reckoning the shareholders who shall be entitled to receive the said dividend.

Mar 03, 2021 04:03 IST India Infoline News Service

Marico Limited
Consumer goods company, Marico on Wednesday received the board of directors approval for the second Interim Equity Dividend for the Financial Year 2020-21 of Rs4 per equity share.

Marico's second interim dividend of Rs4 per equity share has a face value of Rs1 each, being 450% on the paid-up equity share capital of Rs129.13cr.

The company has fixed March 12 as the record date for reckoning the shareholders who shall be entitled to receive the said dividend. While the dividend will be paid on March 30, 2021.

On Sensex, Marico closed at Rs408.60 per piece up 0.5%. 

Related Story

Explore Important Blogs