Balkrishna Industries Limited Proposes Final Dividend for the Financial Year 2023-24, Payable on or After 19 July, 2024
June 26, 2024 at 05:23 pm IST
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Balkrishna Industries Limited announced that at the AGM to be held on 19th July, 2024, proposed to declare a Final Dividend of INR 4.00 per Equity Share (200%) on Equity Shares of INR 2 each (face value), if any, for the financial year 2023-24. the Company has fixed the 6th July, 2024 as the Record Date for determining entitlement of members to Final Dividend for the financial year ended 31st March, 2024. If the final dividend as recommended by the Board of Directors is approved at the AGM, payment of such dividend, subject to deduction of tax at source, will be made on or after 19th July, 2024 but within stipulated time.
Balkrishna Industries Limited is an India-based company that is engaged in the business of manufacturing and selling of off-highway tires (OHT) in the specialist segments, such as agricultural, industrial and construction, earthmovers and port, mining, forestry, lawn and garden and all-terrain vehicles (ATV). The Companyâs agricultural applications include tractor, harvester, implements, telehandler, agro truck, go-kart, golf kart, mower, fertilizer truck, compact loader, backhoe loader, mobile home, and universal vehicle. Its industrial applications include compactor, container handler, reach stacker, excavator, forklift, skid steer, grader, straddle carrier, RTG crane, mobile crane, terminal tractor, tow tractor, light truck, road rail equipment, trailer, and military truck. Its off the road applications include articulated dump truck, rigid dump truck, load haul dump, low profile dump truck, underground mining vehicle, and scraper.