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India Glycols Announces Dividend Post Share Split

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India Glycols Announces Dividend Post Share Split

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India Glycols Limited ( (IN:INDIAGLYCO) ) just unveiled an update.

India Glycols Limited announced a dividend for the fiscal year 2024-25 following a sub-division of its equity shares. The Board of Directors had initially recommended a 100% dividend on shares with a face value of Rs. 10, which was later adjusted to Rs. 5 per share after the split. This decision is pending approval at the company’s upcoming Annual General Meeting, and it reflects the company’s strategic financial management aimed at enhancing shareholder value.

More about India Glycols Limited

India Glycols Limited operates in the chemical industry, focusing on the production of glycols, ethoxylates, and other performance chemicals. The company is known for its commitment to sustainable practices and serves a diverse range of markets including automotive, textile, and personal care industries.

Average Trading Volume: 16,933

Technical Sentiment Signal: Buy

Current Market Cap: 54.03B INR

For an in-depth examination of INDIAGLYCO stock, go to TipRanks’ Overview page.

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