News: Sanofi India Limited, a prominent pharmaceutical company, has recently announced an interim dividend for the financial year ending on 31st December 2023. Let’s delve into the specifics:
Dividend Details:
1. Interim Dividend Amount: The company has declared an interim dividend of INR 50 per equity share. This dividend will be paid to shareholders whose names appear on the Register of Members as of 7th March 2024, which serves as the Record Date.
2. Payment Date: Shareholders can expect to receive the dividend on or after 20th March 2024.
3. Face Value of Shares: Each equity share has a face value of INR 10.
Context and Significance:
1. The decision to distribute an interim dividend reflects the company’s financial health and commitment to rewarding its shareholders.
2. Sanofi India Limited has a strong presence in the pharmaceutical industry and continues to contribute significantly to healthcare.
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Share Price History:
1. As of the latest data, Sanofi India’s share price stands at INR 9,133.
2. The company’s stock markets have seen fluctuations, but it remains a key player in the market.
Looking Ahead:
Investors and shareholders can keep an eye on further developments, including the final dividend, which will be subject to approval at the Annual General Meeting.
Frequently Asked Questions
1. What is the Interim Dividend declared by Sanofi India Limited for 2024?
Sanofi India has announced an interim dividend of INR 50 per equity share for the financial year ending on 31st December 2023.
2. When will the Interim Dividend be paid to shareholders?
Shareholders whose names appear on the Register of Members as of 7th March 2024 (the Record Date) can expect to receive the dividend on or after 20th March 2024.
3. What is the face value of Sanofi India’s equity shares?
Each equity share of Sanofi India has a face value of INR 10.
4. What is the current share price of Sanofi India?
As of the latest data, Sanofi India’s share price stands at INR 9,133.
