Ingersoll-Rand Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024, Payable on August 26, 2024
May 28, 2024 at 04:16 am
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Ingersoll-Rand (India) Limited at its board of directors meeting held on May 28, 2024, recommended a final dividend of INR 20.00 per equity share of face value of INR 10.00 each for the financial year ended March 31, 2024, which is subject to Approve the shareholders at the next Annual General Meeting to be held on August 13, 2024 and the Register of Members and Share Transfer Books of the Company will remain closed from July 10, 2024 to July 12, 2024 (both days inclusive) for the purpose of etermining the Members who are eligible to receive the dividend, if any, declared by the hareholders at the ACM. The date of payment of dividend will be August 26, 2024 onwards.
Ingersoll-Rand (India) Limited is an India-based company, which is engaged in the business of manufacturing and selling of industrial air compressors of various capacities and providing related services. The Company operates through a single segment, which is Air Solutions. The Company sells air compressors primarily in India and also exports the products to American, Asian and European countries. Its products are primarily sold to industries in the automotive, metals, pharmaceutical and textile sectors. Its brands include NASH, CompAir, Ingersoll Rand, Gardner Denver, ARO, THOMAS, MILTON ROY, EMCO WHEATON, BroomWade, BuTech, Deltech, Haskel, Jemaco, Reavell, ROOTS, TODO, TRICONTINENT, and ZINSSER ANALYTIC.