Board recommends dividend of Rs.5 at Thejo Engineering in FY19-20
The Board of Directors at Thejo Engineering declared a final dividend of Rs.5 per equity share and increased its authorized share capital on 18th June 2020
Company : Tirupati Forge Limited
Board of Directors at Thejo Engineering recommended a dividend of Rs.5 per equity share that is, 50% of face value of Rs.10 per equity share for the FY2019-20
Further, the Board at Thejo Engineering approved the increase in authorized share capital of the company from Rs.10.00 crore (divided into 1 crore shares of value Rs.10 each) to Rs.15.00 (divided into 1.50 crore shares of value Rs.10 each).
Thejo Engineering Limited is an Engineering Solutions provider for Bulk Material Handling, Mineral Processing and Corrosion Protection to the Core Sector Industries like mining, power, steel, cement, ports, fertilizers etc.
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