Divis Laboratories Ltd Board approves Dividend of Rs. 20

The Board of directors of Divis Laboratories Ltd at its meeting held today, has recommended a dividend of Rs. 20/- (i.e. 1000%) per equity share of face value Rs. 2/- each for the financial year 2020-21, subject to approval of the members at the ensuing 31st Annual General Meeting (AGM).

The dividend shall be credited / warrants thereof dispatched within 30 (thirty) days from the conclusion of the AGM. The AGM date and book closure date for the purpose of the payment of dividend will be announced in due course.

Shares of DIVI'S LABORATORIES LTD. was last trading in BSE at Rs.4110 as compared to the previous close of Rs. 4088.4. The total number of shares traded during the day was 31211 in over 3653 trades.

The stock hit an intraday high of Rs. 4146.75 and intraday low of 4076.2. The net turnover during the day was Rs. 128706785.

Source : Equity Bulls

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