GRUH Finance to consider dividend proposal on April 30

The board will also consider and approve the Audited Financial Results of the company for the quarter and year ended March 31, 2019.

Apr 22, 2019 10:04 IST India Infoline News Service

Gruh Finance
GRUH Finance, in its filing to the exchanges on Monday, informed that the company’s board will meet on April 30 to consider and approve recommendation of dividend, if any, for FY19.

The board will also consider proposal for borrowing/raising funds by way of on shore and/or off shore debt instruments including but not limited to bonds, non-convertible debentures, non-convertible subordinated debt Tier-Il debentures, denominated in Indian currency and or any foreign currency, in terms of Section 42 of the Companies Act, 2013 read with relevant Rules and Listing Regulations.

The board will also consider and approve the Audited Financial Results of the company for the quarter and year ended March 31, 2019.

GRUH Finance Ltd is currently trading at Rs283.70 down by Rs3.2 or 1.12% from its previous closing of Rs286.90 on the BSE.
The scrip opened at Rs287 and has touched a high and low of Rs291.30 and Rs281.10 respectively. So far 5,17,044 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs21,049.49cr.

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