Latest news with #Organisor
Time of India
6 days ago
- Business
- Time of India
Murae Organisor board to consider bonus issue, dividend payout next week
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Pharmaceuticals company Murae Organisor on Tuesday said its board will meet on June 13 to consider a bonus issue of equity shares and dividend payment for Ahmedabad-based firm in an exchange filing stated that the board will also consider strategic business expansion proposals, including capital deployment for proposed and ongoing projects in the agro and distillery Organisor is expanding into the agro-industrial sector by planning to acquire agricultural land in Kutch, Gujarat, to cultivate high-quality pomegranates. It looks to invest around Rs 25 crore in the agri-venture to cultivate pomegranates and set up a distillery facility."A meeting of the Board of directors is scheduled to be held on June 13, 2025, to consider and approve, bonus issue of equity shares to the shareholders of the of dividend of up to 100 per cent of the face value of Rs 2 each for the financial year ended on March 31, 2025," the filing company has also fixed June 11 as the record date for the 1:2 stock Organisor reported Rs 854.82 crore revenue in FY2025, while its net profit surged to Rs 7.52 crore.
Time of India
02-06-2025
- Business
- Time of India
Murae Organisor board approves share split, to invest around Rs 25 crore in agri venture
Murae Organisor's board has approved a 1:2 stock split, setting June 11 as the record date. The company is strategically diversifying into the agro-industrial sector with a Rs 20-25 crore investment in Kutch, Gujarat, for pomegranate cultivation and a distillery. The company experienced a significant surge in revenue and net profit for FY 2025. Tired of too many ads? Remove Ads Pharmaceutical distributor Murae Organisor on Monday said its board has approved a 1:2 stock split with June 11 as the record date and also plans to invest around Rs 25 crore in an agri company's board has fixed June 11 as the record date for the division of every share into two shares, Ahmedabad-based Murae Organisor Ltd said in a company is also strategically expanding into the agro-industrial sector with an investment of Rs 20-25 crore to acquire agricultural land in Kutch, Gujarat, for the cultivation of high-quality pomegranates. It will also set up a distillery facility in Kutch, the company Organisor has posted a multi-fold jump in revenue to Rs 854.82 crore for 2024-25 compared to revenue of Rs 2.54 crore in FY 2024. Net profit for FY 2025 surged to Rs 7.52 crore against Rs 5.31 lakh in FY company is engaged in the pharmaceutical business, including the marketing, trading, and distribution of a range of pharmaceutical products, such as antibiotics, anti-malarial drugs, and anti-allergic medications.
