Minda Industries Ltd Board approves final dividend of Rs. 0.50

The board of directors of Minda Industries Ltd has recommended final dividend of Rs. 0.50 per equity share on the face value of Rs. 2 each i.e. 25% to the equity shareholders for the year ended on 31 March, 2021, subject to the approval of the shareholders at the Annual General Meeting. The Interim dividend of Rs. 0.35 per share on the face value of Rs. 2 each i.e. 17.50% was paid to the equity shareholders during the quarter ended on 31 March, 2021, therefore the total dividend for the financial year ended on 31 March, 2021 aggregates to Rs.0.85 per equity shares of Rs.2 each i.e. 42.50%.

Shares of MINDA INDUSTRIES LTD. was last trading in BSE at Rs.616 as compared to the previous close of Rs. 583.05. The total number of shares traded during the day was 66677 in over 3236 trades.

The stock hit an intraday high of Rs. 628.5 and intraday low of 589.05. The net turnover during the day was Rs. 40309348.

Source : Equity Bulls

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