| Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
|---|---|---|---|---|---|---|
| Dividend | 10 May 2024 | 5 Jul 2024 | 5 Jul 2024 | 12 | 600 | Final |
| The Board has recommended a dividend of Rs. 12/- per equity share of Rs. 2/- each (600%) for the financial year 2023-24, subject to the approval of the shareholders at the ensuing 43rd Annual General Meeting of the Company. Record date for payment of dividend is fixed as Friday, July 5, 2024. | ||||||
Thermax will own a majority 51% stake in the joint venture and OCQ will own 49%, as a part of the companies' strategic alliance to strengthen their global footprint in the chemical sector.
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The parties want to form a strategic relationship by collaborating with the company and its group companies in the flooring chemical business
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