The board of directors of Wendt India Ltd have recommended a final dividend of Rs. 45/- (450%) per equity share (on a face value of Rs.10/-) for the year ended 31st March 2022.
The dividend warrants, upon approval of final dividend by the shareholders at the 40th Annual General meeting, will be posted by 12th August 2022. In case of shareholders opting for NECS/NACH, the dividend would be credited to their accounts by 12th August 2022.
It may be recalled that an Interim Dividend at Rs.20/- per equity share was declared by the Board at its meeting held on 21st January 2022 and paid on 16th February 2022. With this recommendation, the total dividend for the year ended 31st March 2022 aggregates to Rs. 65/- (Rupees Sixty Five Only).