Singer India Ltd Board approves final dividend of Rs. 0.50

The Board of Directors of Singer India Ltd at its meeting held on 14th June, 2021, has considered and recommended a final dividend of Rs.0.50 (1.e. 25%) per equity share of face value of Re. 2/- each for the financial year ended March 31, 2021, which is subject to approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company, making a total dividend of Rs. 1 (@50%) per equity share of Re. 2 each for the financial year 2020-21, including interim dividend of Re. 0.50 (@25%) per equity share declared earlier during the financial year 2020-21. The dividend, if approved, will be paid to the shareholders within a period of 30 days from the date of Annual General Meeting.

Shares of SINGER INDIA LTD. was last trading in BSE at Rs.54.4 as compared to the previous close of Rs. 56. The total number of shares traded during the day was 122349 in over 652 trades.

The stock hit an intraday high of Rs. 57.75 and intraday low of 53. The net turnover during the day was Rs. 6694603.

Source : Equity Bulls

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