Kaveri Seed Company Limited Declares Interim Dividend for the Financial Year 2023-24, Payable on November 29, 2023
November 08, 2023 at 03:20 am EST
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The board of directors of Kaveri Seed Company Limited meeting held on November 8, 2023, approved the payment of interim dividend @ 250% i.e., INR 5/- per equity share of INR 2 each on the profits of the company for the Financial Year 2023-24 on the equity share capital of the Company. The interim dividend shall be paid on November 29, 2023 to the equity shareholders of the Company whose names appear on the register of members of the Company or in the records of the Depositories as beneficial owners of the shares as on November 20, 2023 which is the record date fixed for the purpose of payment of an interim dividend for the financial year 2023-24.
Kaveri Seed Company Limited is an India-based agricultural company. The Company specializes in hybrid seeds. The product portfolio of the Company consists of a range of high yielding seeds in field crops, such as maize, cotton, rice, pearl millet, mustard, wheat, sorghum, pulses, bajra, wheat, sunflower, and other vegetable crops, which includes tomatoes, okra, chilies, watermelon, gourds and brinjal. The Company sells its product under the brand name Kaveri. The Company owns seven modern seed processing and storage plants across various locations in India. The Company has approximately 100000 acres under seed production spread across different agro-climatic regions. The Company operates in the domestic market as well as in the exports market which includes Pakistan, Sri Lanka, Bangladesh and Vietnam. The Company's subsidiaries include Kaveri Microteck Private Ltd, Aditya Agri Tech Private Ltd, Genome Agritech Private Ltd and Genomix Agri Genetics Private Ltd.