The Board of Directors proposed a dividend of ₹1.2 per equity share, totaling ₹792 million, subject to shareholder approval at the AGM.
In April, the business sold over 1050 apartments worth more than ₹3,000 Crore at its Godrej Zenith project in Sector 89, Gurugram.
The Pune-based insurer offered its shares in an initial public offering (IPO) priced between ₹258-272 per share, with a minimum lot size of 55 shares.
SEBI issued observations on the draft papers for the LE Travenues Technology IPO on May 14 and for Bansal Wire Industries on May 17.
Operational revenue was ₹11,978.11 Crore, a 2.5% decrease from ₹12,285.6 Crore in the same period previous year.
In late February, Disney signed a contractual agreement to merge its India unit with Viacom 18 Media Pvt Ltd.
As part of the agreement, L&T Realty will design, develop, build, complete, market, brand, and sell the project's free-sale component.
The project is valued at ₹1,864.71 Crore and is scheduled to be completed within 36 months from the notice of commencement date, as stated in a regulatory filing on May 22.
Brent crude futures dropped 27 cents, or 0.3%, to $81.63 a barrel. West Texas Intermediate (WTI) futures for the United States were down 0.5%, or 35 cents, to $77.14.
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