IFGL Refractories Ltd Board approves total dividend of Rs. 10

The Board of Directors of IFGL Refractories Ltd in their meeting held today have recommended payment of Dividend of 40% (Rs 4 per Equity Share) and one time Special Dividend of 60% (Rs 6 per Equity Share) on Equity Share of Rs. 10/- each for FY 2020-21, subject to necessary approvals / permissions including shareholders of the Company at their ensuing Annual General Meeting. Total of proposed Dividends recommended is higher by Rs 7.50 (75%) per Equity Share compared to Rs 2.50 (25%) per Equity Share paid for FY 2019-20.

Shares of IFGL Refractories Ltd was last trading in BSE at Rs.381.9 as compared to the previous close of Rs. 362.05. The total number of shares traded during the day was 26033 in over 1544 trades.

The stock hit an intraday high of Rs. 393 and intraday low of 362.7. The net turnover during the day was Rs. 9817807.

Source : Equity Bulls

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