Minda Industries Ltd recommends final dividend of Rs. 1

The Board of Directors of Minda Industries Ltd at its meeting held today i.e. Tuesday, 24 May, 2022, has recommended final dividend of Rs. 1/- per equity share on the face value of Rs. 2/- each i.e. 50% to the equity shareholders for the year ended on 31 March, 2022, subject to the approval of the shareholders at the Annual General Meeting.

The Interim dividend of Rs. 0.50 per share on the face value of Rs. 2/- each i.e. 25% was paid to the equity shareholders during the quarter ended on 31 March, 2022, therefore the total dividend for the Financial Year ended on 31 March, 2022 aggregates to Rs. 1.50 per equity share of Rs. 2/- each i.e. 75%. and Rs. 0.01 per 0.01% non-convertible redeemable preference shares of the company.

Shares of Minda Industries Limited was last trading in BSE at Rs. 835.10 as compared to the previous close of Rs. 870.75. The total number of shares traded during the day was 19517 in over 3185 trades.

The stock hit an intraday high of Rs. 882.75 and intraday low of 822.70. The net turnover during the day was Rs. 16493416.00.

Source : Equity Bulls

Keywords

MindaIndustries INE405E01023 FinalDividend FY2022