The interim dividend declared will be paid on or after March 20 to the shareholders who hold shares at the close of working hours on March 18, the Chennai-based two-wheeler maker said in a regulatory filing.
"At the meeting of the board of directors of the company held today (Tuesday), the board declared a second interim dividend for the financial year ending March 31, 2020, at the rate of Rs 1.40 per share (140 per cent) on 47,50,87,114 equity shares of Re 1 each fully paid up, absorbing a sum of Rs 80 crore, including dividend distribution tax," it said.
Last month, it declared a dividend of Rs 2.1 per share. ANZ HRS