The South India Paper Mills Ltd board recommends dividend of Rs. 1.50 for FY20

The Board of Directors of The South India Paper Mills Ltd have recommended Dividend @ 15% i.e Rs 1.50 per Equity share for the Financial Year ending 31st March 2020 (FY 2019-20). The 61st AGM of the Company is fixed on Thursday 24th September, 2020. The Board has decided to close the Register of Members of the Company from 01st September 2020 to 26th September 2020, (both days inclusive) for the purpose of payment of Equity Dividend.

Shares of SOUTH INDIA PAPER MILLS LTD. was last trading in BSE at Rs.60 as compared to the previous close of Rs. 59.3. The total number of shares traded during the day was 400 in over 2 trades.

The stock hit an intraday high of Rs. 60 and intraday low of 60. The net turnover during the day was Rs. 24000.

Source : Equity Bulls

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