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BSE SENSEX
74,339.44
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Corporate Announcement
Security Code
500183
Company
HFCL Ltd
Exchange Received Time
07/01/2019 19:20:19
Exchange Disseminated Time
07/01/2019 19:20:26
Time Taken
00:00:07
Announcement under Regulation 30 (LODR)-Dividend Updates |
01/07/19 19:20
This is to inform you that the Board of Directors of the Company at its Meeting held on 7th January, 2019 has 1. Declared second Interim Dividend of Rs.3.25 per share on 60,37,500 Cumulative Redeemable Preference Shares (CRPS) of Rs.100/- each for the financial year 2018-19. The Board of Directors has fixed 17th January, 2019 as the Record Date to determine the name of the Preference Shareholders eligible for second interim dividend on CRPS as required under Regulation 42 of Securities ànd Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Regulations'). The second Interim dividend shall be paid within thirty days from the date of declaration to those Preference Shareholders, whose name shall appear in the Company's Register of Preference Shareholders as on 17th January, 2019. Since out of 60,37,500 CRPS, 48,75,000 CRPS are due for redemption on 18th January, 2019, hence dividend on 48,75,000 CRPS shall be payable on proportionate basis.
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