Sudarshan Chemical Industries Limited Recommends Final Dividend for the Financial Year Ended March 31, 2018, Payable on or Before September 7, 2018
July 17, 2018 at 08:52 am EDT
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The Board of Directors of Sudarshan Chemical Industries Limited at its meeting held on 24th May, 2018 has recommended final dividend of INR 1.00 per equity share (@ 50%) on a face value of INR 2.00 for the financial year ended March 31, 2018 subject to the approval of the shareholders in the Annual General Meeting. The final dividend, if approved by the shareholders at the Annual General Meeting, will be paid on or before 7th September, 2018 to those members whose names appear on the Register of Members of the Company /beneficial owners as on 9th August, 2018.
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.