A big-cap firm with a market valuation of ₹61,621.43 crore, ICICI Lombard Normal Insurance coverage Firm Ltd. operates within the monetary providers trade. One of many high non-public common insurance coverage suppliers in India, ICICI Lombard Normal Insurance coverage Firm Ltd. affords protection for a number of kinds of insurance coverage, together with car, well being, journey, enterprise, crop, and cyber. The corporate’s board of administrators really helpful a dividend at a price of ₹5.0 per fairness share with a face worth of ₹10 for the fiscal 12 months that ended on March 31, 2022, and the corporate has declared the report date for a similar.
In its file submitted to BSE, the corporate has talked about that “The Firm has mounted Friday, July 29, 2022 because the ‘Report Date’ for figuring out entitlement of Members to obtain remaining dividend for the monetary 12 months ended March 31, 2022, if accredited on the AGM. The ultimate dividend for the monetary 12 months ended March 31, 2022 on the price of ₹5.0 per fairness share of face worth of ₹10 every, as really helpful by the Board of Administrators, if accredited at this Assembly, shall be paid to these Members who maintain shares in dematerialised mode, based mostly on the useful possession particulars to be obtained from Nationwide Securities Depository Restricted (NSDL) and Central Depository Providers (India) Restricted (CDSL) as on Friday, July 29, 2022; in bodily mode, if their names seem within the Firm’s Register of Members, after giving impact to legitimate transmission or transposition requests lodged with the Firm as on Friday, July 29, 2022.”
The shares of ICICI Lombard Normal Insurance coverage closed right this moment at ₹1,251 stage, up by 0.024% from its earlier shut of ₹1250.70. The inventory has dropped 17.78 per cent over the previous 12 months, and on a YTD foundation, it has fallen 11.26 per cent to this point in 2022. On the present market worth, the inventory is buying and selling increased than 20 days, 50 days and 100-day transferring averages however decrease than 5 days and 200-day transferring averages.
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Supply: Live Mint