Carborundum Universal Limited board recommends final dividend of Rs. 1.50

The board of directors of Carborundum Universal Limited have recommended a final dividend of Rs.1.50/- (150%) per equity share (on a face value of Re.1/-) for the year ended 31st March 2021.

The dividend warrants, upon approval of final dividend by the shareholders at the 67th Annual General meeting, will be posted by 24th August 2021. In case of shareholders opting for NECS/NACH, the dividend would be credited to their accounts by 24th August 2021.

An Interim Dividend at Rs.1.50/- per equity share was declared by the Board at its meeting held on 2nd February 2021 and paid on 26th February 2021. With this recommendation, the total dividend for the year ended 31st March 2021 aggregates to Rs. 3.00/- (Rupees three only).

Shares of CARBORUNDUM UNIVERSAL LTD. was last trading in BSE at Rs.497.5 as compared to the previous close of Rs. 490.15. The total number of shares traded during the day was 11212 in over 648 trades.

The stock hit an intraday high of Rs. 506 and intraday low of 494.1. The net turnover during the day was Rs. 5601569.

Source : Equity Bulls

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