
Marico Limited has announced that its Board of Directors will meet on Friday, January 31, 2025, to consider several agenda items, including a proposal for the declaration of an interim equity dividend for the financial year 2024-25.
The company has informed the stock exchanges, BSE Limited (Scrip Code: 531642) and NSE Limited (Symbol: MARICO), in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
If the interim dividend is approved, the record date for determining shareholders eligible to receive the dividend will be February 7, 2025, as per Regulation 42 of the SEBI Listing Regulations.
This development follows Marico’s prior communication on January 3, 2025, regarding the scheduled board meeting. The consideration of an interim dividend highlights the company’s commitment to rewarding its shareholders while maintaining transparency in its financial disclosures.
Investors and stakeholders will keenly await the outcome of the meeting and further updates from the company.