This company to consider dividend, bonus issue soon – Check details

Nirman Agri Genetics has informed exchanges that its board will meet on September 13, 2024 to discuss a dividend of up to 50 per cent.

“The Board will consider the declaration of a dividend of up to 50%, demonstrating our commitment to rewarding our shareholders in line with our sustained growth and strong financial performance,” the company said in an exchange filing. 

The board will also discuss the potential issuance of bonus shares.

“The Board will deliberate on the proposal for issuing bonus shares to existing shareholders,” the company said.

Also, Nirman is planning an expansion into agricultural automation by launching cutting-edge IoT devices.

“…Launch of IOT devices which actively monitor all parameters of the farm such as soil parameters, Growth stage, water irrigation level, fertilization of farm etc,” it said in exchange filing.