Balkrishna Industries Limited Recommends a Final Dividend for the Year Ended March 31, 2018
May 17, 2018 at 09:59 am EDT
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The Board of Directors of Balkrishna Industries Limited has recommended the payment of Final Dividend of INR 1.50 per Equity Share (75%) on the Equity Shares of INR 2/- each (face value) for the year ended March 31, 2018, subject to the approval of the Shareholders of the company at the upcoming Annual General Meeting.
Balkrishna Industries Limited is an India-based company that is engaged in the business of manufacturing and selling of off-highway tires (OHT) in the specialist segments, such as agricultural, industrial and construction, earthmovers and port, mining, forestry, lawn and garden and all-terrain vehicles (ATV). The Companyâs agricultural applications include tractor, harvester, implements, telehandler, agro truck, go-kart, golf kart, mower, fertilizer truck, compact loader, backhoe loader, mobile home, and universal vehicle. Its industrial applications include compactor, container handler, reach stacker, excavator, forklift, skid steer, grader, straddle carrier, RTG crane, mobile crane, terminal tractor, tow tractor, light truck, road rail equipment, trailer, and military truck. Its off the road applications include articulated dump truck, rigid dump truck, load haul dump, low profile dump truck, underground mining vehicle, and scraper.