Mazagon Dock Shipbuilders Limited shares dropped more than 5% ahead of the board meeting today. The firm announced that its Board of Directors will meet on October 22, 2024, to discuss two key corporate actions: declaring an interim dividend for fiscal year 2024-25 and conducting the company’s first-ever stock split.
This is a landmark moment in the company’s corporate history, as it seeks to boost shareholder value with these decisions.
As of 9:20 am, Mazagon Dock Shipbuilders shares were trading 4.69% lower at Rs 4,447.85 on the NSE.
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