SRF Limited Declares Interim Dividend, Payable on August 22, 2023
July 24, 2023 at 05:10 am EDT
Share
SRF Limited announced that the Board of Directors at its meeting held on 24th July, 2023 has declared interim dividend at 36% i.e. INR 3.60 per share on the paid-up equity share capital of the Company. The Interim Dividend would be paid to members whose names appear on the Register of Members and the beneficial owners as per details received from National Securities Depository Limited and Central Depository Services (India) Limited, as on the Record Date i.e. 01st August 2023 which has already been communicated to Exchanges by letter dated 17th July, 2023. The date of payment of interim dividend will be 22nd August, 2023.
SRF Limited is a chemical-based multi-business company engaged in the manufacturing of industrial and specialty intermediates. The Company's segments include Technical Textiles Business (TTB), Chemicals Business (CB), Packaging Film Business (PFB) and Others. The TTB segment's business includes nylon tire cord fabric, belting fabric, polyester tire cord fabric and industrial yarns and its research and development. The CB segment's business includes refrigerant gases, industrial chemicals, specialty chemicals, fluorochemicals and allied products and its research and development. The PFB segment's business includes polyester films and polypropylene films. The others segment includes coated fabric, laminated fabric and other ancillary activities. The Company has around 12 manufacturing plants in India and one each in Thailand, South Africa and Hungary. The Company exports to over 90 countries. It serves various industries, such as automotive, pharmaceuticals, manufacturing and chemicals.