IndiaMART InterMESH Limited Recommends Dividend for the Fiscal Year 2020-21
July 22, 2021 at 11:52 am
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IndiaMART InterMESH Limited recommended a final dividend of INR 15.00 per equity share for the share of face value of INR 10 each for the fiscal year 2020-21, subject to approval of shareholders in the upcoming Annual General Meeting. The Company has fixed August 24, 2021 as the Record Date.
IndiaMART InterMESH Limited is an India-based online business-to-business (B2B) marketplace, which connects buyers with suppliers. The channel is focused on providing a platform for small and medium enterprises (SMEs), large enterprises, as well as individuals. The Company operates through two segments: Web and related Services and Accounting Software Services. Web and related services segment provide business-to-business e-marketplace services, which acts as an interactive hub for domestic and international buyers and suppliers. The Accounting software services segment provides the business of development, system analysis, designing and marketing of integrated business accounting software to help and manage businesses with increased efficiency. The Company's solutions include IM Leader, IM Star, TrustSEAL, Maximiser, IndiaMART Paid Service (MDC), IndiaMART Verified Exporter, enterprise solutions and advertising solutions.