Key Points of Britannia Industries Interim Dividend Record Date for FY2022-23:
- Britannia Industries, a leading FMCG company in India, reported a market cap of ₹101,164 Cr today.
- The company is known for manufacturing popular brands such as Good Day, Tiger, NutriChoice, Milk Bikis, and Marie Gold.
- Britannia Industries announced that its Board of Directors will meet on April 4th, 2023, to discuss the payment of an interim dividend on the Equity Share Capital of the Company for the financial year 2022-23 to the Equity Shareholders of the Company.
- The Interim Dividend will be paid to the Equity Shareholders whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on April 13th, 2023, which will be the “Record Date” for the purpose.
- The Trading Window for trading in the Company’s Equity Shares will be closed from March 29th, 2023, till the expiry of 48 hours from the date of publication of Audited financial results of the Company for the quarter and year ending 31st March, 2023, as per the Company’s Code of Conduct for Prevention of Insider Trading.
- In the financial year ended March 2022 or FY22, Britannia Industries declared a dividend of 5650.00% at a face value of ₹1 amounting to ₹56.5 per share.
- On the NSE, the shares of Britannia Industries closed today at ₹4,192.50 apiece level, down by 0.53% from the previous close of ₹4,214.80.
- During Q3FY23, the company recorded a promoter shareholding of 50.55%, FIIs stake of 18.46%, DIIs stake of 15.08%, and a public stake of 15.90%.
Details of Britannia Industries Interim Dividend Record Date for FY2022-23:
Britannia Industries, a leading FMCG company in India, reported a market cap of ₹101,164 Cr today. The company is known for manufacturing popular brands such as Good Day, Tiger, NutriChoice, Milk Bikis, and Marie Gold. In an official statement released today, Britannia Industries announced that its Board of Directors will meet on April 4th, 2023, to discuss the payment of an interim dividend on the Equity Share Capital of the Company for the financial year 2022-23 to the Equity Shareholders of the Company.
The Interim Dividend will be paid to the Equity Shareholders whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on April 13th, 2023, which will be the “Record Date” for the purpose, in accordance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Britannia Industries also noted that the Trading Window for trading in the Company’s Equity Shares will be closed from March 29th, 2023, till the expiry of 48 hours from the date of publication of Audited financial results of the Company for the quarter and year ending 31st March, 2023, as per the Company’s Code of Conduct for Prevention of Insider Trading.
In the financial year ended March 2022 or FY22, Britannia Industries declared a dividend of 5650.00% at a face value of ₹1 amounting to ₹56.5 per share. The dividend yield goes to 1.35% at the current market price of ₹4,192.50. Over the last 5 years, the company has consistently paid dividends to its shareholders, with a total of 24 dividends declared since July 2, 2001, as per data from Trendlyne.
On the NSE, the shares of Britannia Industries closed today at ₹4,192.50 apiece level, down by 0.53% from the previous close of ₹4,214.80. The stock recorded a total volume average of 2,24,554 shares compared to the 20-Day average volume of 259,355 shares. In the last 1 year, the stock has gained 35.08% and on a YTD basis, it has fallen 2.32% so far in 2023. The stock touched a 52-week-high of ₹4,669.20 on February 10th, 2023, and a 52-week-low of ₹3,060.05 on March 28th, 2022. During Q3FY23, the company recorded a promoter shareholding of 50.55%, FIIs stake of 18.46%, DIIs stake of 15.08%, and a public stake of 15.90%. Britannia Industries continues to be a strong player in the FMCG industry and is expected to maintain its position in the coming years.
About Britannia Industries:
Britannia Industries, a member of the Wadia Group led by Nusli Wadia, is a food industry company based in Kolkata, India. Established in 1892, it is one of the oldest operating companies in India and is renowned for its biscuit products.
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