Eid Parry slips ~2% on post second interim dividend announcement

28 Feb 2022 , 03:31 PM

Eid Parry Ltd., an Indian sugar and nutraceuticals company, in its regulatory filing on Monday, informed the investors and exchanges that the company’s board has approved and declared a second interim dividend of Rs5.50 per share for the financial year ending March 31, 2022.
The company has fixed Friday, March 11, 2022, as the Record Date for the purpose of payment of interim dividend.

The company will pay the interim dividend on or after March 25, 2022, but within a period of 30 days from the date of declaration of this dividend.

The company will pay interim dividend to the shareholders whose names were appearing in the register of members as on the Record Date.

EID Parry’s stock plunged 1.82% or Rs7.65 to end at Rs413.55 against its previous closing price of Rs421.20. It touched the day’s high and low of Rs417 and Rs407.35 respectively.