Dividend paying stock: John Cockerill India shares to trade ex-dividend today

The Board of Directors of the institution has declared a last dividend of ₹7.00 per equity stock for its eligible shareholders.

The grounds day by the institution to ascertain the eligibility of shareholders for last dividend has been fixed connected May 6.

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In a banal speech filing, John Cockerill India Ltd said: “The Board of Directors of the Company has recommended a last dividend of Rs. 7 /- per equity stock of look worth of Rs. 10 / - each (70 % ) and is taxable to the support of the members astatine the forthcoming Annual General Meeting." “This is to pass you that the 38th Annual General Meeting of the Company is scheduled to beryllium held connected Tuesday, May 14, 2024," John Cockerill India Ltd said successful a abstracted banal speech filing.

Shares of John Cockerill India Ltd volition commercialized ex-dividend connected Monday.

John Cockerill India is the Indian entity of Belgium-headquartered John Cockerill Group.

In February this year, the Belgium radical had said that it aims to marque its projected electrolyzer works successful India a hub for exports of the apparatus, and the radical besides intends to task into defence manufacturing.

In an interview, Francois Michel, main executive, John Cockerill Group, had said that “several 100 cardinal dollars" would spell into the electrolyzer plant.

The institution plans to put much successful the greenish hydrogen abstraction successful India, and marque its planned 2-GW associated task installation with Greenko a large hub for electrolyzer exports. The works is expected to beryllium commissioned wrong the adjacent 2 years, helium had said.

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In March 2022, Greenko Group and John Cockerill signed an statement to exclusively spouse successful marketplace improvement initiatives for greenish hydrogen electrolyzers successful the Indian sub-continent.

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Published: 06 May 2024, 06:17 AM IST