Sudarshan Chemical Industries Limited Declares Interim Dividend for the Financial Year 2023-24, Payable on or Before 30 March, 2024
March 06, 2024 at 02:15 am EST
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Sudarshan Chemical Industries Limited informed that the Board of Directors at its meeting held on 6th March, 2024, has approved and declared an Interim Dividend of INR 3.60/- (Three Rupees and Sixty Paise only) (i.e. 180%) per Equity Share of INR 2/- each fully paid up, for the Financial Year 2023-24. The Interim Dividend shall be paid on or before 30th March, 2024, to the Equity Shareholders of the Company, whose names appear in the Register of Members of the Company or in the records of the Depositories as Beneficial Owners of the Equity Shares as on 19th March, 2024, which is the Record Date fixed for the purpose. Further, it may be noted that the trading window for dealing in securities of the Company, shall remain closed for trading by all designated persons, including their immediate relatives, up to 8th March, 2024 i.e. forty-eight hours after conclusion of the Board Meeting held on 6th March, 2024.
Sudarshan Chemical Industries Limited is an India-based global color and pigment manufacturer. The Company is engaged in supplying pigments and solvent dyes for coatings, plastics, printing and digital printing, cosmetics, and special applications. The Company operates through two segments: Pigments, and Others. The Pigments segment produces and sells a range of organic, inorganic, effect pigments, and dispersions primarily for paints, plastics, inks, and cosmetics industries. The Others segment comprises of project engineering and manufacturing business of grinding solutions, clean air solutions, power handling solutions. It offers a complete palette of colors for everyday use, durable colors, and special effects. Its coatings applications include decorative, industrial, and automotive paints. The Companyâs brands include Sudaperm, Sudafast, Sudacolor, Sudajet, Sudatherm, Sudasol, Sudanyl, Sumica, Sumicos, Prestige, and Sudacos.