Mazagon Dock Shipbuilders shares jumped more than 2% in morning trade after the company  that its Board of Directors will meet on October 22, 2024, to consider two key agenda items:

  1. Declaration of Interim Dividend for the financial year 2024-25.
  2. Sub-division (Stock Split) of Equity Shares in line with the provisions of Section 61(1)(d) of the Companies Act, 2013.

The firm set Wednesday, October 30, 2024 as the record date for the payment of the interim dividend if authorized by the board. The corporation also chose Wednesday, October 30, 2024, as the record date for the interim dividend if it is approved by the board.

As of 9:20 am, Mazagon Dock Shipbuilders shares were trading 2.24% higher at Rs 4327.15 on the NSE.

TOPICS: Mazagon Dock Shipbuilders