Clariant Chemicals' declares Special Interim Dividend of Rs. 140/- per share

Clariant Chemicals (India) Limited, a focused, sustainable and innovative specialty chemical company today announced a Special Interim Dividend on Equity Shares @ Rs. 140/- per share i.e., 1400% of the Paid-up Equity Share Capital of the Company for the Financial year 2020-21. This Special Interim Dividend shall be paid on or after July 19, 2020.

"We successfully concluded the sale of our Masterbatches business in Clariant Chemicals (India) Limited, to PolyOne Polymers India Private Limited, on a going concern basis by way of slump sale. Over the years, we increased the value of this business to bring it to where it is today. My Board and I are now delighted to announce a special interim dividend, to thank our shareholders for the confidence and support they showed by staying with us through the challenges we faced as we continue to build a strong and valuable company." said Adnan Ahmad, Vice Chairman & Managing Director, Clariant Chemicals (India) Limited.

Shares of CLARIANT CHEMICALS (INDIA) LTD. was last trading in BSE at Rs.491.5 as compared to the previous close of Rs. 478.85. The total number of shares traded during the day was 21013 in over 936 trades.

The stock hit an intraday high of Rs. 493.65 and intraday low of 472.1. The net turnover during the day was Rs. 10140547.

Source : Equity Bulls

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