RITES Dividend 2023: Check out payout amount, record date and payment date details here

Rail India Technical and Economic Service (RITES) announced on February 9, Thursday, to pay interim dividend to its shareholders.

The Indian Railways subsidiary through an exchange filing informed that the board has approved the payment of the third interim dividend for the financial year 2022-23.

RITES Dividend 2023 Amount

The board of directors has declared an interim dividend of Rs 6 per equity share, which is 60 per cent of paid-up share capital for the financial year 2022-23. 

RITES Dividend 2023 Record Date 

The company has fixed February 17 2023 as the Record Date for the purpose of payment of second interim Dividend. "The Board of Directors have declared third interim dividend for the Financial Year 2022-23 at the rate of 6 per share (60 % of paid-up share capital) of the company. Further, as intimated earlier vide our letter no. RITES/SECY/NSE, dated 19.01.2023, the record date set for the purpose of payment of third interim dividend for Financial Year 2022-23 is February 17, 2023," the company said in an exchange filing. 

RITES Ltd is a public sector transport consultancy and engineering firm. It is a miniratna public sector enterprise and a leading player in the transport consultancy and engineering sector in the country.

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