Sanofi Special Dividend: Sanofi India has introduced a one-time particular interim dividend of Rs 193 per fairness share for the monetary 12 months ending December 31, 2022. As per the regulatory submitting, Sanofi stated, “The Board of Directors of the Company at its Meeting held immediately has declared One -Time Special Interim Dividend of Rs 193 per fairness share of Rs. 10 every for the monetary 12 months ending thirty first December 2022.”
The firm has fastened August 8, 2022, because the file date for figuring out shareholders eligible for the particular dividend. The firm plans to pay the stated dividend on or after August 22, 2022.
Net revenue of Sanofi India declined 32.47 per cent to Rs 120.40 crore within the quarter ended June 2022 as in opposition to Rs 178.30 crore through the earlier quarter ended June 2021. Sales declined 11.38 per cent to Rs 699.30 crore within the quarter ended June 2022 as in opposition to Rs. 789.10 crore through the earlier quarter ended June 2021.
Sanofi India Limited is likely one of the entities of Sanofi in India. It has been in existence since 1956 and it was born beneath the identify of Hoechst Fedco Pharma Private Limited. Sanofi India Limited is listed on Bombay Stock Exchange and National Stock Exchange.
Earlier this 12 months, the corporate had declared a file fairness dividend of 1810 per cent amounting to Rs 181 per fairness share, and 3090 per cent particular dividend amounting to Rs 309 fairness share.
It has a superb dividend historical past and frequently declared dividend within the final 5 years. In the 12 months 2021, it had declared an fairness dividend of 1250 per cent amounting to Rs 125 whereas in the identical 12 months it declared a particular dividend of 2400 per cent amounting to Rs 240 per share.
Dividends are a type of incentive that shareholders obtain for holding shares of a worthwhile firm. Generally, when an organization earns revenue they share a portion of the excess with shareholders who’ve a portion of their shares and that’s referred to as a “dividend”. Meanwhile, the ex-dividend date for a inventory is the enterprise day earlier than the file date of declaring eligible shareholders for the payout.
On BSE, Sanofi shares closed at Rs 6,604 apiece down by Rs 145 or 2.15 per cent. The shares have touched an intraday excessive and low of Rs 6,750.05 apiece and Rs 6,586 apiece respectively. Its market cap is round Rs 15,209.01 crore.
Over the years, its identify was modified to Hoechst Pharmaceuticals Private Limited, Hoechst India Limited, Hoechst Marion Roussel Limited and Aventis Pharma Limited. Today, it employs greater than 3,000 staff throughout India. Sanofi, one of many world’s main healthcare firms, and its 100 per cent subsidiary – Hoechst GmbH, are the foremost shareholders of Sanofi India Limited and collectively maintain 60.4 per cent of its paid-up share capital, in accordance with its official web site.
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