BASF India Limited board recommends special dividend of Rs. 5, final dividend of Rs. 5

The Board of Directors of BASF India Limited at their meeting held today i.e. 11th May 2021 have recommended a special dividend of Rs. 5/- per equity share i.e. 50% due to the portfolio restructuring measures. This is in addition to a final dividend of Rs. 5/- per equity share i.e. 50% for the financial year ended 31st March 2021. The aggregate dividend would be Rs. 10/- per equity share i.e. 100%, which is subject to the approval of the shareholders at the forthcoming Annual General Meeting on 6th August 2021. The Dividend, if approved, by the Shareholders will be payable on or after 11th August 2021.

Shares of BASF INDIA LTD. was last trading in BSE at Rs.2482.65 as compared to the previous close of Rs. 2478.65. The total number of shares traded during the day was 4781 in over 842 trades.

The stock hit an intraday high of Rs. 2570 and intraday low of 2458.25. The net turnover during the day was Rs. 11976452.

Source : Equity Bulls

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