Shriram Finance Ltd recommends final dividend of Rs. 15

The board of directors of Shriram Finance Ltd has recommended a final dividend of Rs.15/- per equity share of face value of Rs.10/- each fully paid-up (i.e. 150%) for the financial year ended March 31, 2024, subject to approval of Members at the ensuing 45th AGM. This is in addition to the two Interim Dividends for the financial year 2023-24 declared by the Company - the first Interim Dividend of Rs.20/- per equity share of Rs.10/- each fully paid-up (200%) declared on October 26, 2023 and the second Interim Dividend of Rs.10/- per equity share of Rs.10/- each fully paid-up (100%) declared on January 25, 2024. With this the total dividend for the financial year 2023-24 will be Rs.45/- per share (i.e.450%).

Shares of Shriram Transport Finance Company Limited was last trading in BSE at Rs. 2502.00 as compared to the previous close of Rs. 2493.50. The total number of shares traded during the day was 249473 in over 16605 trades.

The stock hit an intraday high of Rs. 2536.75 and intraday low of 2337.35. The net turnover during the day was Rs. 614788829.00.

Source : Equity Bulls

Keywords

ShriramFinance INE721A01013 FinalDividend