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Monday, April 22, 2024

Marico dividend: Today’s meeting will see the board of the FMCG company discuss payment; the record date is set

<p><strong>2024 Marico dividend, current Marico board meeting:</strong> The board of domestic FMCG giant Marico is expected to convene on Tuesday, February 27, to deliberate on a second interim dividend for the fiscal year 2023–2024. The record date for any such dividend, if announced, is already fixed at March 6.</p>
<p><img decoding=”async” class=”alignnone wp-image-450146″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-marico-dividend-todays-meeting-will-see-the-board-of-the-fmcg-company-discuss-paym-750×563.jpg” alt=”theindiaprint.com marico dividend todays meeting will see the board of the fmcg company discuss paym” width=”994″ height=”746″ title=”Marico dividend: Today's meeting will see the board of the FMCG company discuss payment; the record date is set 3″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-marico-dividend-todays-meeting-will-see-the-board-of-the-fmcg-company-discuss-paym-750×563.jpg 750w, https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-marico-dividend-todays-meeting-will-see-the-board-of-the-fmcg-company-discuss-paym-1024×768.jpg 1024w, https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-marico-dividend-todays-meeting-will-see-the-board-of-the-fmcg-company-discuss-paym-768×576.jpg 768w, https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-marico-dividend-todays-meeting-will-see-the-board-of-the-fmcg-company-discuss-paym-150×113.jpg 150w, https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-marico-dividend-todays-meeting-will-see-the-board-of-the-fmcg-company-discuss-paym.jpg 1200w” sizes=”(max-width: 994px) 100vw, 994px” /></p>
<p><strong>Marico dividend record date for 2024</strong><br />
The Company’s Board of Directors will meet on Tuesday, February 27, 2024, among other things to discuss a proposal for the declaration of a second interim equity dividend, if any, for the fiscal year 2023–2024. The popular brands of Mumbai-based Marico, which include Parachute, Nihar, Saffola, Livon, and Set Wet, stated in a regulatory filing dated February 19 that “the record date for the same pursuant to Regulation 42 of the SEBI Listing Regulations shall be March 6, 2024” in the event that the Board of Directors declares a Second Interim Equity Dividend.</p>
<p><strong>Marico’s third-quarter results:</strong> How the FMCG company did in the third quarter of the current financial year, October–December (Q3 FY24): Marco reported a 15.9% rise in consolidated net profit to Rs 386 crore, despite a 1.9% fall in operating sales to Rs 2,422 crore. Find out more about Marico’s Q3 earnings here.</p>
<p><strong>History of Marico share prices</strong><br />
Over the last year, Marico shares have increased by more than 7%, although this has fallen short of the headline Nifty50 index’s 27% growth.</p>

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