Don’t miss the latest developments in business and finance.

Board of ACC recalls Final Dividend and recommends Interim Dividend

Image
Capital Market
Last Updated : May 13 2020 | 10:32 AM IST

Of Rs.14 per equity share

The Board of ACC at the meeting held on 12 May 2020 has approved to recall the recommendation for payment of Final Dividend for the year ended 31 December 2019 due to the significant delay in holding the AGM of the Company due to the prevailing nation-wide lockdown related to the spread of Corona virus pandemic.

The Board also has recommended for the payment of Interim Dividend of Rs.14 per equity share (i.e.140%) for the year ended 31 December 2019, subject to the approval of the shareholders.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: May 13 2020 | 10:15 AM IST

Next Story