Jindal Stainless Ltd approves special interim dividend of Rs. 1

The Board of Directors ("the Board") of Jindal Stainless Limited ("the Company") at its meeting held today i.e. 18th April, 2023 has considered and approved the payment of Special Interim dividend@ 50% i.e. Re. 1 per equity share (face value of Rs. 2 per equity share) for the financial year 2022-23 upon successful completion of the merger process and consequent listing of new shares of the merged entity. Accordingly, the Board has fixed Wednesday, April 26, 2023 as record date for determining entitlement of members for the purpose of payment of Special Interim Dividend. The payment of Special Interim Dividend / dispatch of dividend warrants will be completed by May 17, 2023.

Shares of Jindal Stainless Limited was last trading in BSE at Rs. 261.70 as compared to the previous close of Rs. 265.80. The total number of shares traded during the day was 45985 in over 1739 trades.

The stock hit an intraday high of Rs. 268.55 and intraday low of 257.30. The net turnover during the day was Rs. 11976997.00.

Source : Equity Bulls

Keywords

JindalStainless INE220G01021 SpecialInterimDividend FY2023