Excel Industries has informed that pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), the Board of Directors of the Company at its meeting held today has declared an Interim Dividend of Rs 10 (200%) per equity share of Rs 5 each for the financial year 2019-20. Further, pursuant to Regulation 42 of the Listing Regulations, the Board has fixed Friday, March 20, 2020 as the Record Date for determining eligible shareholders for payment of interim dividend on equity shares. The interim dividend will be dispatched/ paid within 30 days of its declaration. The Board meeting commenced at 02.00 pm and concluded at 03.30 pm.
The above information is a part of company’s filings submitted to BSE.
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