Power Grid Corporation of India (POWERGRID) - Dividend

A dividend is an amount paid by the company to its shareholders out of its profits. These regular profit-sharing payment in the form of dividends is a corporate action initiated by the company regularly.

As per a recent circular, Power Grid Corporation of India Ltd. (Scrip Code: 532898) has announced a payment of dividend at Rs 4.75 for the Financial year 2023-24. The key dates for the same are as follows:

Company Name	Symbol	Dividend Amount	Record date
Power Grid Corporation of India Ltd.	POWERGRID	Rs 4.75	08-Aug-23

The revised options strike/futures base prices and the lot size on account of adjustment would appear in decimal places and shall be rounded off to the nearest tick size and the lot size shall be rounded off to the nearest integer.

The details of the revised option strike prices, futures prices, lot size, and quantity freeze limit wherever applicable, will be informed to members separately via circular one day prior to the exdate / effective date.

Refer: NSE Circular

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