HIKAL Ltd board recommends final dividend of Rs. 0.20 for FY20

The Board of directors of HIKAL Ltd has recommended Final Dividend for the Financial Year 2019-20 on Equity Share Capital @ 10% [Rs.0.20 per equity share (nominal value Rs. 2/- each)] at their meeting held on 18th June, 2020, aggregating to dividend of 60% (Re.1.20 per equity share) {including Interim Dividend of Re. 1/- per share (Rupee One Only) (50%) paid to the shareholders on 27th February, 2020}, subject to the approval shareholders in the ensuing Annual General Meeting (AGM).

The Final Dividend, if approved by the shareholders at the ensuing AGM, will be paid to the shareholders within 30 days of AGM date.

Shares of HIKAL LTD. was last trading in BSE at Rs.119.4 as compared to the previous close of Rs. 119.8. The total number of shares traded during the day was 55647 in over 2108 trades.

The stock hit an intraday high of Rs. 121.85 and intraday low of 118. The net turnover during the day was Rs. 6639547.

Source : Equity Bulls

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