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Jindal Stainless informs about outcome of board meeting

18 Apr 2023 Evaluate
Jindal Stainless has informed that the Board of Directors (the Board) of Jindal Stainless (the Company) at its meeting held today 18th April, 2023 has considered and approved the Payment of Special Interim dividend @ 50%, Re 1 per equity share (face value of Rs 2 per equity share) for the financial year 2022-23 upon successful completion of the merger process and consequent listing of new shares of the merged entity. Accordingly, the Board has fixed Wednesday, April 26, 2023 as record date for determining entitlement of members for the purpose of payment of Special Interim Dividend. The payment of Special Interim Dividend / dispatch of dividend warrants will be completed by May 17, 2023; Re-appointment of Abhyuday Jindal (DIN: 07290474), as Managing Director of the Company for a term of 5 (five) consecutive years with effective from 1st May, 2023, upon the recommendation of the Nomination and Remuneration Committee, subject to approval of Members of the Company. Abhyuday Jindal is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or any other such authority.

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

Jindal Stainless Share Price

787.90 -1.55 (-0.20%)
17-Apr-2026 16:59 View Price Chart
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