Corporate Announcement
Security Code : 500290    Company : MRF    
 
Outcome of Board MeetingDownload PDF Download XBRL
  Exchange Received Time  08/11/2019 13:03:06         Exchange Disseminated Time   08/11/2019 13:03:13              Time Taken   00:00:07
The Board of Directors has declared an Interim Dividend of Rs.3/-per equity share [30%] for the financial year ending 31st March,2020. The Company has fixed 22nd November,2019 [22.11.2019] as the record date for the purpose of payment of Interim Dividend. The Interim Dividend declared will be paid on or after 29th November,2019 [29.11.2019].

Further, we wish to inform you that the Board of Directors at its meeting held today, have approved raising of funds by way of issuance of Non-Convertible Debentures on private placement basis aggregating to an amount not exceeding Rs. 102 Crores in one or more tranches, and have authorised the Finance Committee of the Company to determine the detailed terms and conditions thereof.
 

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