Shares of Sanofi India hit a record high of Rs 7,638, surging 9 per cent, on the BSE on Wednesday after the pharmaceutical company announced a total dividend of Rs 349 per share.
“The Board has recommended a dividend of Rs 106 per equity share of Rs 10 for the year ended December 31, 2019. In addition, after reviewing the cash requirements for the Company's operations, a one-time special dividend of Rs 243 per equity share is being recommended,” Sanofi India said in exchange filing. READ HERE
The total dividend of Rs 349 per equity share will