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Marksans Pharma to Hold 32nd AGM, Sets Record Date for Final Dividend

Marksans Pharma Limited has announced its 32nd Annual General Meeting (AGM) to be held on September 24th, 2024. The company has also set the record date for its final dividend payment.

Key Information:

• AGM Date: Tuesday, September 24, 2024
• Time: 9:30 a.m. (IST)
• Format: Video Conferencing (VC)/Other Audio Visual Means (OAVM)
• Record Date for Final Dividend: Tuesday, September 17, 2024
• Proposed Final Dividend: ₹ 0.60 per equity share (60% of face value)
• Dividend Payment Date (if approved): On or after Saturday, October 05, 2024

AGM Details

The AGM will be conducted virtually, and the Notice of AGM along with the Annual Report for FY2024 will be sent electronically to registered members. These documents will also be available on the company's website and the websites of the stock exchanges.

Final Dividend

The Board of Directors has recommended a final dividend of ₹ 0.60 per equity share, subject to the approval of the members at the AGM. The record date for determining the eligibility of members to receive the dividend has been fixed as September 17, 2024. If approved, the dividend will be paid on or after October 5, 2024, subject to deduction of tax at source.

Conclusion

Marksans Pharma's upcoming AGM and the proposed final dividend are significant events for the company's shareholders. The virtual AGM will allow for wider participation, and the dividend, if approved, will reward shareholders for their investment.

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