The Board of Cholamandalam Investment and Finance Company Ltd at its meeting held today recommended final dividend @ 20% being Rs.2/- per equity share for the year ended 31st March 2017 out of the profits of the Company.
The dividend will be paid within 7 days from the date of annual general meeting (i.e. on or before 3rd August, 2017), if approved by the shareholders at the ensuing 39th Annual General Meeting (AGM).
Shares of Cholamandalam Investment and Finance Company Ltd was last trading in BSE at Rs.1120 as compared to the previous close of Rs. 1127.35. The total number of shares traded during the day was 13428 in over 804 trades.
The stock hit an intraday high of Rs. 1139.8 and intraday low of 1107. The net turnover during the day was Rs. 15025599.