The Board of Directors of Cholamandalam Investment and Finance Company Ltd at their meeting held today have approved the payment of interim dividend on the outstanding equity shares of the Company at the rate of 35% being Re. 0.70/- per equity share of Rs.2/- each for the year ending 31st March 2020.
The record date for the purpose of payment of interim dividend as 5th March 2020.
The interim dividend shall be paid to those shareholders whose names appear in the register of members as on the record date in respect of shares held in physical form and in case of shares held in dematerialised form, as per the details to be furnished by the depositories as on the record date. The interim dividend will be paid within 10 days from the record date (i.e. on or before 14th March, 2020).
Shares of Cholamandalam Investment and Finance Company Ltd was last trading in BSE at Rs.325.4 as compared to the previous close of Rs. 323.35. The total number of shares traded during the day was 9754 in over 523 trades.
The stock hit an intraday high of Rs. 327.5 and intraday low of 321.5. The net turnover during the day was Rs. 3168003.