Bhatia Communications & Retail (India) Ltd Board approves Dividend of Rs. 0.50

The Board of Directors of the company at their Meeting held on Wednesday, June 30, 2021 has recommended a final dividend of Rs. 0.50 per Equity Share of Rs. 10/- each i.e. 5% to the shareholders of the Company for the Financial Year 2020-2021. The final dividend recommended by Board of Directors of the Company is subject to the approvals of the Shareholders at the ensuing Annual General Meeting (AGM) of the Company and final dividend, if approved by the shareholders, will be paid within prescribed timeline under the Companies Act, 2013.

Further promoter/promoter group conveyed their intention to waive their rights for final dividend for the financial year 2020-2021, if such final dividend approved by the Shareholders in the ensuing AGM of the Company.

Shares of Bhatia Communications & Retail (India) Ltd was last trading in BSE at Rs.71 as compared to the previous close of Rs. 71.5. The total number of shares traded during the day was 789 in over 5 trades.

The stock hit an intraday high of Rs. 72.75 and intraday low of 71. The net turnover during the day was Rs. 56564.

Source : Equity Bulls

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