| Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
|---|---|---|---|---|---|---|
| Dividend | 8 May 2024 | 26 Jul 2024 | - | 10 | 100 | Final |
| Please find enclosed outcome of the Board Meeting The Board has recommended Final Dividend at the rate of 100 % (One Hundred per cent) on the Equity Share Capital of the Company, i.e., Rs. 10.00/- (Rupees Ten Only) per Equity Share of Face Value of Rs. 10/- (Rupees Ten Only) each, for the Financial Year ended March 31, 2024 The Book Closure dates for the purposes of the 33rd AGM and payment of Final Dividend for the Financial Year 2023-24 are from Saturday, July 27, 2024 to Wednesday, July 31, 2024, (both days inclusive) during which the Register of Members and Share Transfer Books will remain closed. The dividend will be paid on or before Tuesday, August 6, 2024. | ||||||
As per the company, this acquisition is expected to bolster Godrej Agrovet’s footprint in the dairy sector, enhancing its value-added product portfolio.
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EBITDA margin improved at 9% as against 6.8% in Q3 FY24 due to better control over costs and higher profit margins.
In India, rice and maize are vital crops that are crucial to both the economy and the country's food security.
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Profit margins improved from 7.7% last year to 9.1% this quarter, reflecting focused efforts on cost management and productivity improvements.
Abhay Soi, Max Healthcare's Chairman and Managing Director, stated that the acquisition improves Max's foothold in the NCR region.
According to bulk deal data available on the National Stock Exchange (NSE), V-Sciences Investments sold 27.10 lakh shares of Godrej Agrovet.
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Following the deal, GAVL will own a 100% share in GTFL, further integrating its operations, the firm stated in a stock exchange filing.
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