JSPL dividend payout announcement likely this week

Team News Riveting

Raipur, March 7

Jindal Steel and Power Limited (JSPL), a leading Indian conglomerate with a dominant presence in steel, power, mining and infrastructure, is likely to announce the dividend on Thursday.

The meeting of the Board of Directors of the Company is scheduled to be held on Thursday, March 10, 2022, inter -alia to consider declaration of Interim Dividend on equity shares, for the financial year ending March 31, 2022, JSPL said in a regulatory filing today.


Further pursuant to Regulation 42 of SEBI Listing Regulations, the record date for payment of interim dividend, if declared, will be Saturday, March 19, 2022, it added

In compliance of the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company’s “Code of Internal Procedures and Conduct for prevention of Insider Trading in Securities of Jindal Steel & Power Limited”, the Trading Window for trading in the securities of the Company by the designated person(s )/ connected person(s) of the Company has been closed from Monday, March 7, 2022 till 48 hours after
conclusion of the aforesaid Board Meeting.

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