PI Industries Limited Approves Interim Dividend, Payable on or Before March 15, 2023
February 14, 2023 at 07:12 pm IST
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PI Industries Limited at its board meeting held on February 14, 2023, has declared an Interim Dividend at the rate of INR 4.5 per share (i.e. 450 %) on the Equity Shares of the Company carrying face value of INR 1/- each for the financial year 2022-23 and the same shall be paid on or before March 15, 2023.
PI Industries Limited is a holding company. The Company is engaged in the manufacturing and distribution of agro chemicals. The Company operates through two segments: Agro chemicals, and Pharma. The Agro chemicals segment includes Agchem exports (CSM) and Domestic Agri Brands. The Pharma segment comprises contract research and development, contract development and manufacturing of active. It also includes materials and intermediates used in the pharmaceutical industry. The Company offers services, such as research and development services, CSM services, distribution services. The research and development services comprise target, discovery, molecule design, library synthesis, lead optimization, biological evaluation and route synthesis. It also provides Shield (fungicide) and Londax Power (rice herbicide) products. It offers services in areas, such as contract research, process development, analytical method development, process safety data generation and detailed process engineering.