IRCON – an engineering & construction organisation is one of the 5 listed Railways companies while other 4 are RITES Ltd, Rail Vikas Nigam, IRCTC and IRFC.
According to the statement released, the board of IRCON International Ltd. will meet on Feb 15 to approve the Interim dividend and will discuss the proposal for issuance of Bonus shares. As the release of the news hit market shares of Railway engineering saw increase in its prices and were trading at 7% higher.
IRCON also mentioned that the record date for the purpose for the payment of Interim Divided would be Feb 24, 2021 subjected to the declaration by the Board of Directors in its meeting on Feb 15.
IRCON is said to publish it’s consolidated number for the third quarter which ended on December 31, 2021 on Feb 13, 2021.
