IndiaMART InterMESH Limited Recommends Final Dividend for the Financial Year 2021-22
April 28, 2022 at 06:38 am
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IndiaMART InterMESH Limited recommended final dividend of INR 2 per equity share of face value of INR 10 each for the Financial Year 2021-22 (20% of the face value), subject to the approval of the shareholders in the upcoming Annual General Meeting. The dividend will be paid within 30 days from the date of declaration of the final dividend, if approved by the shareholders. The book closure date for the purpose of the payment of final dividend and AGM date will be announced in due course.
IndiaMART InterMESH Limited is an India-based online business-to-business (B2B) marketplace, which connects buyers with suppliers. The channel is focused on providing a platform for small and medium enterprises (SMEs), large enterprises, as well as individuals. The Company operates through two segments: Web and related Services and Accounting Software Services. Web and related services segment provide business-to-business e-marketplace services, which acts as an interactive hub for domestic and international buyers and suppliers. The Accounting software services segment provides the business of development, system analysis, designing and marketing of integrated business accounting software to help and manage businesses with increased efficiency. The Company's solutions include IM Leader, IM Star, TrustSEAL, Maximiser, IndiaMART Paid Service (MDC), IndiaMART Verified Exporter, enterprise solutions and advertising solutions.