The fund houses are instructed to pay out the proceeds in the event of a redemption or repurchase of units within three working days. Investors in schemes where at least 80% of the capital is invested in foreign securities must be paid within five working days of the date of redemption or repurchase.
The final dividend was decided in a meeting of the Board of Directors on June 21 where it was decided to pay Rs 0.35 per equity share.
The AGM of the bank is scheduled for July 17, 2021 through video conferencing and other audio visual means.
CIAL, the first airport under the PPP model in airport infrastructure development, has 18,000 investors from 30 countries and was incorporated in 1994. The airport was inaugurated in 1999. The company has been paying dividend consistently from 2003-04 and with the last fiscal, the total dividend pay-out touched 228 per cent.
The miner's total payout on account of this would be to the tune Rs 10,242 crore.
