Corporate Action
| Purpose | AGM Date | Announcement Date | Book Closure Start Date | Book Closure End Date |
|---|---|---|---|---|
| Dividend | - | 02-Aug-2020 | - | - |
| After deliberation, the Directors have recommended an aggregate annual dividend for the fiscal year 2019-20 of Rs. 2,00,00,000 (Rupees Two Crores) which amounts to Rs. 0.20/- per share of the face value of Rs. 5/- each. The Company will arrange to pay the same after approval of the shareholders in the ensuing Annual General Meeting. Further, the Directors unanimously adopted a resolution to recommend a dividend policy that the Company shall, subject to availability of reserves and approval of the shareholders, distribute a minimum of 10% of annual Net Profit After Tax as annual dividend each fiscal year commencing from fiscal year 2020-21 onwards. This policy shall be adopted after approval of the shareholders in the ensuing Annual General Meeting. | ||||
