Marico to pay 6.50 per share dividend-check record date for eligible shareholders [Video]

Leading FMCG major Marico’s Board on Tuesday declared a second interim dividend of ₹6.50 per equity share of ₹1 each for the financial year 2023-24. Marico has fixed March 6, 2024, as the record date for the interim dividend to determine eligible shareholders. The dividend payout will be credited on or before March 28.

“Second Interim Equity Dividend for the financial year 2023-24 of Rs. 6.50/- per equity share of Re. 1 each. As intimated vide our letter dated February 19, 2024, the record date for reckoning the list of shareholders who shall be entitled to receive the said interim dividend shall be Wednesday, March 6, 2024. The Second Interim Equity Dividend will be paid to such shareholders on or before Thursday, March 28, 2024,” the FMCG major informed exchanges in a filing.

Maricoalso announced the appointment of Nikhil Khattau as an additional director (non-independent non-executive) from April 1 and liable to retire by …