Sudarshan Chemical Industries Limited Recommends Final Dividend for Financial Year 2022-2023, Payable on or Before September 4, 2023
July 20, 2023 at 09:31 am EDT
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Sudarshan Chemical Industries Limited announced that at the Board of Directors at its meeting held on May 23, 2023, has recommended Final Dividend of INR 1.50 per Equity Share of INR 2.00 (i.e. 75%) for the Financial Year 2022-23, and if approved by the Shareholders at the upcoming 72nd AGM of the Company Scheduled to be held on August 11, 2023, such Final Dividend shall be paid on or before September 4, 2023 to those Shareholders whose name appear as on August 4, 2023, i.e. the Record Date.
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.