Torrent Pharmaceuticals Limited Approves Interim Dividend, Payable on or Around February 13, 2019; Announces Completion of Term of Shri Pradeep Bhargava as Independent Director
January 30, 2019 at 05:58 am EST
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Torrent Pharmaceuticals Limited announced at board meeting held on January 30, 2019, the directors approved an interim dividend of INR 13 (260%) per equity share of INR 5 fully paid up. The dividend is expected to be paid/dispatched on or around February 13, 2019.
The company also announced that Shri Pradeep Bhargava will be completing his term as Independent Director of the Company on 31st March, 2019.
Torrent Pharmaceuticals Limited is an India-based pharmaceutical company. The Company is focused on various therapeutic segments, such as cardiovascular (CV), central nervous system (CNS), gastrointestinal (GI), vitamins minerals nutrients (VMN), anti-diabetes (AD), pain, gynecology, and dermatology. The Company is engaged in research, development, manufacturing, marketing and distribution of branded and generic pharmaceutical formulations in India and internationally. Its pediatric product brands include Tedibar, Atogla, Spoo and B4 Nappi. Its acne/facecare products brands include Clinmiskin, ACNEMOIST, TRACNILO and fash. The Company's hair/scalp care products brands include Proanagen, Perlice, Permite and NOSKURF. Its manufacturing facilities are located in the states of Gujarat, Himachal Pradesh, Madhya Pradesh, Andhra Pradesh and Sikkim. The Company's primary channel of distribution is through the wholesale drug distributors, stockiest and retail pharmacies.
Torrent Pharmaceuticals Limited Approves Interim Dividend, Payable on or Around February 13, 2019; Announces Completion of Term of Shri Pradeep Bhargava as Independent Director