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Bharat Forge board approves dividend

02 Nov 2018 Evaluate

Bharat Forge has informed that the Board of Directors of the Company in its Meeting held on Friday, November 2, 2018 have declared an Interim Dividend at the rate of 125% (Rs 2.50 per share) on 46,55,88,632 fully paid equity shares of Rs 2 each. The Record Date for determining entitlement to receive an Interim Dividend is Friday, November 16, 2018. The dividend as stated above shall be paid on or before November 30, 2018.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bharat Forge 1735.00
Ramkrishna Forgings 694.25
MM Forgings 630.45
Happy Forgings 1684.30
Balu Forge Inds. 501.55
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