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Mishra Dhatu Nigam’s Board To Consider Interim Dividend On March 19

If the PSU's board agrees to declare the dividend, March 25 will be considered as the record date for eligibility.

<div class="paragraphs"><p>(Photo Source: Ravi Roshan/Pexels)</p></div>
(Photo Source: Ravi Roshan/Pexels)

Mishra Dhatu Nigam Ltd. on Wednesday said that its board of directors will meet next week, on Wednesday, to consider the proposal on an interim dividend.

While announcing the date of the meeting, the company's exchange filing said that if the board of directors declares an interim dividend on March 25, that will be considered as the record date for its entitlement.

The public sector undertaking also informed about the closure of the trading window in accordance with the SEBI Regulations, 2015 and in keeping with the company’s insider trading rules.

As a result, designated persons from the company and their immediate relatives won't be able to deal in the equity shares of the company from March 13 till March 22.

Shares of Mishra Dhatu Nigam Ltd. closed 1.49% higher at Rs 265 apiece on the BSE, compared to a 0.10% decline in the benchmark Sensex.

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