According to an exchange filing, the company has announced a dividend of Re 0.01 or 1 per cent per equity share having a face value of Re 1
Share Market News: Shares of Bhatia Communications & Retail (India) Ltd is in focus as the company has announced its final dividend. According to an exchange filing, the company has announced a dividend of Re 0.01 or 1 per cent per equity share having a face value of Re 1
“Recommended a final dividend of Re. 0.01/- per equity share having face value of Rs. 1/- i.e (1%) to the shareholders for the financial year 2023-24. The final dividend recommended by Board of Directors of the company is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the company and final dividend, if approved by the shareholders, will be paid within prescribed timeline under the Companies Act, 2013,” the company said.
The company said that it will inform exchanges about the record date and the date of AGM in coming days.
“The Company shall inform the Stock Exchange(s) in due course about the date of AGM for financial year ended March 31, 2024, record date / dates of book closure for purpose of entitlement of final dividend and date from which the final dividend will be paid, once approved by shareholders,” the company said.