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( 27 Apr 2018)
UPL board announces dividend at 400%

UPL Limited, a leading global producer of speciality chemicals, on Friday said that its board has recommended a dividend at 400 per cent (i.e. Rs. 8 per equity share) on the equity shares of Rs 2 each.

“The Board of Directors of the Company at its meeting held on April 27, 2018, has recommended a dividend @ 400 per cent (i.e. Rs. 8 per equity share) on the equity shares of Rs 2 each, subject to approval of members at the ensuing Annual General Meeting,” UPL said in a filing to the Bombay Stock Exchange.

Meanwhile, shares of company closed trade at Rs 754.25 apiece, up 0.35 per cent, on the Bombay Stock Exchange.