Rain Industries Limited Approves an Interim Dividend for the Financial Year Ending on December 31, 2023, Payable on June 1, 2023
May 09, 2023 at 10:57 am EDT
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The Board of Directors of Rain Industries Limited at their meeting held on May 9, 2023, approved an Interim dividend of INR 1 per equity share i.e., 50% on a face value of INR 2/- per equity share fully paid up for the Financial Year ending on December 31, 2023; and Fixed May 19, 2023 as record date for the purpose of determining the shareholders eligible for receipt of Interim Dividend for the Financial Year ending December 31, 2023. will be paid to shareholders on June 1, 2023.
Rain Industries Limited is an India-based company that is engaged in the business of manufacture and sale of carbon, advanced materials and cement. Its segments include Carbon, Advanced Materials and Cement. The Carbon segment consists of Calcined Petroleum Coke, Coal Tar Pitch, Green Petroleum Coke, and other derivates of coal distillation, including creosote oil, naphthalene, carbon black oil, and other basic aromatic oils. The Advanced Materials segment includes the downstream operations of coal tar distillation and consists of engineered products, petrochemical intermediaries, naphthalene derivatives and resins. The Cement segment includes Ordinary Portland Cement (OPC) and Portland Pozzolana Cement. Its range of products serves as raw materials for a range of industries, such as aluminum, carbon black, refractory, specialty chemicals, coatings and construction. The Company's subsidiaries include Rain Cements Limited, Renuka Cement Limited, and Rain Carbon Inc.
RAIN INDUSTRIES LIMITED 
