Bajaj Finserv Ltd. Recommends Dividend for the Financial Year Ended 31 March 2022, Payable on 1 August 2022 And/Or 2 August 2022
June 30, 2022 at 05:32 am
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Bajaj Finserv Ltd. announced that the Board of Directors of Company at its meeting held on 28 April 2022, recommended dividend of INR 4 per equity share of the face value of INR 5, for the financial year ended 31 March 2022. The dividend if approved by the shareholders at the upcoming Annual General Meeting ('AGM') scheduled on 28 July 2022, will be credited/dispatched on 1 August 2022 and/or 2 August 2022.
Bajaj Finserv Limited is a holding company for various financial services businesses. It is engaged in the business of promoting financial services such as finance, insurance, broking, investments, and others, including distribution using digital platforms through its investments in subsidiaries and joint ventures. It is also engaged in the business of generating power through wind turbines, a renewable source of energy. Its segments include life insurance, general insurance, windmill, retail financing, and investments and others. It focuses on urban lending, two and three-wheeler lending, small and medium enterprise lending, rural lending, mortgages, loan against securities, and commercial lending. It serves various customers through its subsidiaries by providing financial products and services for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions.