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AGI Infra surges ~2% as board approves interim dividend

14 Mar 2022 , 03:22 PM

dividend yield funds

AGI Infra Ltd.’s Board has approved payment of an interim dividend of Rs1 per equity share of the face value of Rs10 each for the current fiscal year. The company stated in its filing that the record date for dividend shall be March 23, 2022.

It further stated that interim dividend shall be paid only to the shareholders whose names were appearing in the Register of Members of the Company as on record date.

In the same meeting, the company also approved the redemption of 200 secured redeemable non-convertible debentures in terms of a put option.

Following this announcement, AGI Infra was trading 2.01% higher at Rs236, against its previous closing price of Rs231.35. It touched an intraday high and low of Rs239.95 and Rs230 respectively.

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