| Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
|---|---|---|---|---|---|---|
| Dividend | 17 May 2024 | 9 Jul 2024 | - | 7.3 | 730 | Final |
| In continuation of our letter of todays date submitting the Audited Standalone and Consolidated Financial Results for the Quarter & Year ended on 31st March, 2024 and in compliance with Regulation 30 (6) and other applicable Regulations, if any, of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors at its meeting held today has recommended a Final Dividend of Rs. 7.30/- (Seven Rupees and Thirty Paise) (730%) per fully paid-up Equity Share of Re.1/- each for the year ended 31.03.2024. | ||||||
The company stated that its Indian operations produced 23.32 Lakh tonnes, up by 13% year-on-year against 20.59 Lakh tonnes.
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The mineral block contains anticipated iron ore deposits of 48.5 Million tonnes, as well as 2.7 Million tonnes of ore in dumps.
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Higher input costs and operational issues have hurt the company's bottom line, resulting in a profit reduction despite good revenue figures.
In February 2024, JFE Steel and JSW incorporated JSW JFE Electrical Steel Private Limited, a joint venture for GOES production.
The acquisition accelerates JSW and JFE's market entry, enabling a seamless system from manufacturing to sales of GOES in India.
The remaining 70% of Golden M is owned by Golden Investments (Australia) III Pte Ltd, a subsidiary of Golden Energy and Resources Pte Ltd.c
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JSW Steel shares has witnessed a 5.22% gain in the last one year, and 2.52% dip since the beginning of the year.
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