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Landmark Cars Sets Record Date for Final Dividend
Landmark Cars Limited has announced the record date for its final dividend payment for the fiscal year 2023-24. The company's Board of Directors had previously recommended a dividend of Rs. 1.50 per equity share, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Key Dates:
- Record Date: Friday, September 13, 2024
- Book Closure: Saturday, September 14, 2024 to Friday, September 20, 2024 (both days inclusive)
- AGM Date: Friday, September 20, 2024
Dividend Details:
- Proposed Dividend: Rs. 1.50 per equity share (face value of Rs. 5 per share)
- Payment: Subject to shareholder approval at the AGM and deduction of tax at source
Important Information:
- The Register of Members and Share Transfer Books will remain closed during the book closure period.
- Only shareholders whose names appear on the Register of Members as of the record date will be eligible to receive the dividend.
Conclusion:
Landmark Cars' announcement of the record date for its final dividend is an important development for its shareholders. The dividend, if approved at the AGM, will provide a return on their investment.
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