Dividend

The Board of Directors in their meeting held on 29th May, 2024 has recommended dividend of Rs. 0.40 (i.e. 40%) per equity share of Re. 1/- face value, aggregating of Rs. 3,38,60,812/- which shall be paid within 30 days after the conclusion of the Annual General meeting, subject to the approval of the shareholders of the Company.
The Board of Directors in their meeting held on 24th May, 2023 has recommended dividend of Rs. 0.30 (i.e. 30%) per equity share of Re. 1/- face value, aggregating of Rs. 2,53,95,609/- which shall be paid within 30 days after the conclusion of the Annual General meeting, subject to the approval of the shareholders of the Company.

Dividend shall be remitted through National Electronic Clearing Service (NECS) at approved locations wherever NECS details are available with the company; and in all other cases, through warrants payable at par. These warrants shall be valid for a period of 90 days. Post expiry of validity period these may be sent to Company’s Office/Share Transfer Agents for issue of demand drafts in lieu of expired dividend warrants.

For Shareholders who had not registered their Bank Account with our RTA M/s. Aarthi Consultants Private Limited are requested to go to “Shareholders’ Information” section. Where under head Relevant Forms for Shareholders, “Form for NECS by Shareholder” is available.

For receiving dividend directly into your bank account please fill in the NECS Mandate Form and send it along with necessary attachment to the Share Registrars, M/s Aarathi Consultants (P) Ltd., for registration.

Same Form should be used for recording any change in the NECS Mandate Form.

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