Zuari Industries Ltd recommends dividend of Rs. 1

The board of directors of Zuari Industries Ltd has approved the recommendation of Final Dividend on 10.5% and 7% Non-Convertible Redeemable Preference Shareholders ('NCRPS') and Equity Shares of the Company for the Financial Year 2022-23 in the manner as follows:

Dividend @ 10.5% i.e., Rs.1.05/- per NCRPS on 58,52,034 NCRPS of the face value of Rs.10/- each;

Dividend @ 7% i.e., Rs.0.70/- per NCRPS on 59,22,080 NCRPS of the face value of Rs.10/- each

Dividend @ 10% i.e., Rs.1 per Equity Share on 2,97,81,184 Equity Shares of the face value of Rs.10/- each.

Shares of Zuari Industries Limited was last trading in BSE at Rs. 138.10 as compared to the previous close of Rs. 139.25. The total number of shares traded during the day was 3622 in over 161 trades.

The stock hit an intraday high of Rs. 142.05 and intraday low of 137.05. The net turnover during the day was Rs. 504846.00.

Source : Equity Bulls

Keywords

ZuariIndustries INE217A01012 Dividend FY2023