Wendt India Ltd recommends final dividend of Rs. 50

The Board of Directors of Wendt India Ltd have recommended a final dividend of Rs. 50/- (500%) per equity share (on a face value of Rs.10/-) for the year ended 31st March 2023.

The dividend warrants, upon approval of final dividend by the shareholders at the 41st Annual General meeting, will be posted by 11th August 2023. In case of shareholders opting for NECS/NACH, the dividend would be credited to their accounts by 11th August 2023.

An Interim Dividend at Rs.30/- per equity share was declared by the Board at its meeting held on 18th January 2023 and paid on 14th February 2023. With this recommendation, the total dividend for the year ended 31st March 2023 aggregates to Rs. 80/- (Rupees Eighty Only).

Shares of Wendt (India) Limited was last trading in BSE at Rs. 7905.35 as compared to the previous close of Rs. 7964.10. The total number of shares traded during the day was 117 in over 94 trades.

The stock hit an intraday high of Rs. 8020.70 and intraday low of 7860.00. The net turnover during the day was Rs. 927938.00.

Source : Equity Bulls

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WendtIndia INE274C01019 FinalDividend FY2023