| Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
|---|---|---|---|---|---|---|
| Dividend | 1 May 2024 | 29 Jul 2024 | - | 1.5 | 150 | Final |
| This is to inform that the Board of Directors of the Company at their meeting held today, i.e., on May 1,2024, which commenced at 12.30 p.m. and concluded at 1:45 p.m Recommended a final dividend of ?1.50 (150%) per equity share of ? 1/- each for the year ended March 31, 2024, subject to the approval of shareholders at the ensuing Annual General Meeting (AGM) of the Company which shall be paid/dispatched to the shareholders within 30 days of declaration. Further, the Company had declared an interim dividend of ?0.75 (75%) per equity share during the previous quarter of the financial year 2023-24, totaling the dividend amount to ?2.25 (225%) per equity share of ? 1/- each for the financial year 2023-24. | ||||||
According to the last regulatory filing by the company, this strategic move has elevated Ambuja Cements to the position of promoter of Orient Cement
In addition, Ambuja Cements will gain access to an extra 6 MTPA of capacity in Northern India by utilizing Orient Cement's premium limestone reserves in Rajasthan.
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