The Board of Directors of Rail Vikas Nigam Limited approved an interim dividend of Rs1.58 per equity share of Rs10 each for the financial year 2021-22.
The company fixed March 25, 2022, as the record date for this purpose.
The company stated in its filing that Interim Dividend payment will be completed on or before 14.04.2022.
Rail Vikas Nigam is an Indian Railways-owned entity that is involved in building the rail infrastructure required by the Railways. It is headquartered in New Delhi and has a market cap of about Rs6,797 crore.
Rail Vikas Nigam is currently trading at Rs33.10 up by Rs0.3 or 0.91% from its previous closing of Rs32.80 on the BSE. It has touched an intraday high and low of Rs33.55 and Rs32.90 respectively.
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