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Exchange Disseminated Time 04/02/2016 17:01:59 | Sanofi India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 04, 2016, inter alia, has recommended:
1. Final dividend of Rs. 25 per Equity share of Rs. 10 for the year ended December 31, 2015. An Interim dividend of Rs. 18 per Equity Share of Rs. 10 had been paid in August 2015.
2. A Special One-time dividend of Rs. 14 per Equity share of Rs.10 arising from the profit on the sale of the Company's commercial premises in Mumbai.
3. A Special One-time Diamond Jubilee dividend of Rs. 8 per Equity share of Rs. 10 as the Company will complete sixty years from its incorporation on May 02, 1956.
The Interim dividend, proposed Final dividend, Special One-time dividend (from profit on sale of the commercial premises) and the Special One-time Diamond Jubilee dividend will together amount to a distribution of Rs. 1497 million (excluding Dividend Distribution tax). |
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