The National Stock Exchange (NSE) board of directors declared a dividend of Rs 42 per share at its meeting on May 6, the corporation said in a statement.
The audited financial statements (both standalone and consolidated) for the year ending March 31, 2022 were discussed at the board meeting, and the final dividend was proposed.
“For the financial year ending March 31, 2022, the Board has proposed a final dividend of 4,200 percent, i.e., Rs 42 per equity share of Re 1 each, fully paid up,” the NSE statement added.
It further said that, if authorised by shareholders at the next Annual General Meeting, the final dividend will be paid to eligible shareholders on or before the 30th day after the AGM.
The NSE board of directors has also narrowed down the candidates for managing director and chief executive officer.