Britannia Industries shares gained greater than 2 per cent in a weak market after the corporate declared an interim dividend for the monetary yr 2020-21. At 12:50 pm, the shares of the biscuit firm had been buying and selling at Rs 3,699.20, increased by 2.23 per cent, on the BSE.
Britannia Industries declared an interim dividend of 6,200 per cent i.e. Rs 62 per fairness share
The document date for figuring out the eligibility of shareholders for receiving the interim dividend has been fastened as April 10. The interim dividend is topic to deduction/withholding of relevant taxes and can be paid on or earlier than April 30, 2021.
The BSE Sensex was buying and selling at 48,892.55, weaker by 1040.75 factors or 2.08 per cent and the NSE Nifty was at 14,588.55, down 289.70 factors or 0.95 per cent.