Gillette India Ltd has informed the stock exchange that the board of directors of the company at their meeting held on Oct 12, 2015. Company Board of Directors have declared interim dividend Rs 19.52 per equity share to non promoter shareholders.
The Board of Directors were informed that the promoter and promoter group shareholders of the company have already disclaimed their right to receive the said interim dividend in order to avoid a circular payment to the company.
Gillette India Ltd has informed the stock exchange that the interim dividend shall be paid between Oct 27, 2015 to Nov 10, 2015.
Gillette India Ltd stock yesterday closed at Rs 5000 move upto +0.55 Points.