HIL Limited Declares Interim Dividend for the Financial Year 2017-18, Payable on February 09, 2018
January 24, 2018 at 02:43 am EST
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HIL Limited has announced that the Board of Directors of the Company at its meeting held on January 24, 2018, has declared an interim dividend of INR 10 per share (100%) on the equity shares of INR 10 each, for the financial year 2017-18. The interim dividend will be paid from February 09, 2018 onwards and February 06, 2018 as the record date to determine the eligible shareholders whose name appear in the register of members, who will be entitled to receive the interim dividend.
HIL Limited is engaged in providing home and building solutions. It operates through four segments: Roofing Solutions, Building Solutions, Polymer Solutions, Flooring Solutions, and Others. Roofing Solutions segment provides fiber cement sheets, colored steel sheets, and cement based non-asbestos corrugated sheets under the Charminar and Charminar Fortune brands. Building Solutions segment offers wet walling and dry walling solutions, including autoclaved aerated concrete blocks, panels, fiber cement boards, tile adhesives, and primers under the Birla Aerocon brand. Polymer Solutions segment offers unplasticized polyvinyl chloride (UPVC), chlorinated polyvinyl chloride (CPVC), column pipes under the Birla HIL Pipes brand, and wall putty under the Birla HIL Putty brand. Flooring Solutions segment provides laminate, engineered and resilient flooring, and related accessories under the Parador brand. Others segments include material handling and processing plant and equipment.