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Cholamandalam Investment And Finance Company Ltd - Board recommends Final Dividend & Sub-division of equity shares

| Updated on April 27, 2019

Cholamandalam Investment and Finance Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 27, 2019, inter alia, has transacted following;

1. Sub-division of each equity share of face value of Rs. 10/- (Rupees Ten only) fully paid up into equity shares of face value of Rs.2/- (Rupees Two only) each fully paid up subject to approval of shareholders.

2. Recommendation of Final Dividend @ 20% being Rs.2/- per equity share for the year ended March 31, 2019 out of the profits of the Company. The dividend will be paid within 7 days from the date of annual general meeting (i.e. on or before August 06, 2019), upon approval by the shareholders at the ensuing 4th Annual General Meeting (AGM).

Pdf Link: Cholamandalam Investment And Finance Company Ltd - Board recommends Final Dividend & Sub-division of equity shares

Source : BSE - www.bseindia.com

Published on April 27, 2019

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