SAGAR CEMENTS LTD.-$ - 502090 - Announcement under Regulation 30 (LODR)-Dividend Updates
We refer to our letter dated 30th April, 2021 informing your esteemed Exchange of our Board Meeting to be held on Wednesday, the 12th May 2021 to, inter-alia, consider and take on record the audited stand alone and consolidated financial results of the Company for the quarter/year ended 31st March, 2021 and to consider a proposal for recommending a final dividend for the financial year 2020-21. In this connection, we wish to inform you that our Board at the said meeting held today has recommended for approval of the shareholders at their 40th Annual General Meeting to be held in due course, a dividend at Rs.6.50 per equity share of Rs.10/- each (65%) on the 2,35,00,000 equity shares of the company, which includes two interim dividends aggregating to Rs.4 per equity share (40%), already paid during the financial year 2020-21. We would request you to kindly take the above information on record.12-05-2021