The Board of Directors of Tata Sponge Iron Ltd at its meeting held on April 18, 2019, has recommended a dividend of Rs. 12.50 per Equity Share of Rs. 10/- each to the shareholders for the financial year ended March 31, 2019.
The dividend, if approved by the shareholders at the Annual General Meeting, will be paid on and from July 17, 2019.
The Register of Members & Share Transfer Books of the Company will remain closed from July 08, 2019 to July 15, 2019 (both days inclusive) for the purpose of Payment of Dividend & 36th Annual General Meeting (AGM) of the Company to be held on July 15, 2019.
Shares of TATA SPONGE IRON LTD. was last trading in BSE at Rs.767.55 as compared to the previous close of Rs. 779.6. The total number of shares traded during the day was 16924 in over 953 trades.
The stock hit an intraday high of Rs. 786 and intraday low of 750.3. The net turnover during the day was Rs. 13013875.