The Emami Ltd Board on Wednesday recommended an interim dividend of 400 per cent for FY 2014-15. The interim of dividend of Rs 4 a share for Re 1 share would see an outgo Rs 106 crore, including dividend tax.
“The Board of Directors has declared this interim dividend in view of the continuing strong financial performance by the company”, said Mohan Goenka, Director of the company said in a statement.