Dividend20 Apr 2024, 08:52 pm
Bhansali Engineering Polymers Approves Final Dividend and Capacity Expansion, AGM Convened
AI Summary
Bhansali Engineering Polymers Ltd. held a Board meeting where they approved the audited financial results, recommended a Final Dividend of Re.1 per share, and convened the AGM for June 29, 2024. The company also announced plans to expand the ABS production capacity from 75000 TPA to 200000 TPA at their existing plants in Abu Road and Satnoor. Toyo Engineering India Private Limited has been appointed as Engineering Consultant for Front End Engineering Design (FEED) and Capex Estimation.
Key Highlights
- Board approved audited financial results
- Recommended final dividend of Re.1 per share
- AGM convened on June 29, 2024
- Expansion of ABS production capacity to 200000 TPA
- Appointment of Toyo Engineering India Private Limited as Engineering Consultant