Gillette India Limited has announced that its Board of Directors, at a meeting held today, have recommended an interim dividend of ₹45 per equity share (face value of ₹10 each) for the financial year ended June 30, 2024. The dividend is subject to the approval of shareholders at the company’s 40th Annual General Meeting.
The stock price details are as follows:
– Open: ₹8,992.15
– High: ₹9,190.00
– Low: ₹8,916.00
– Previous Close: ₹8,979.15
The dividend will be paid out between December 3, 2024, and December 25, 2024, upon receiving shareholders’ approval at the AGM. This decision underscores Gillette India’s commitment to rewarding its investors and maintaining a consistent dividend payout.
The company’s strong financial performance and market position have enabled it to declare this interim dividend, which is expected to be well-received by shareholders. Gillette India continues to focus on product innovation, brand building, and operational efficiency to drive growth and shareholder value.