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CDGS shares will soon pay 100% final dividend: See filing date here

Indo Count Industries Ltd. is a small cap company with a market valuation of Rs. 3,093.25 crore works in the consumer discretionary goods and services (CDGS) industry. With established manufacturing facilities in India and exports to more than 50 countries, Indo Count Industries Ltd is a global leader in bed linen. The company has a capacity of 153 million meters per year, of which 18 million meters are currently in production. During three years of operation, the company received the Gold Cup from TEXPROCIL for having the leading export volume of bed linen. The company has just announced the record date of paying 100% dividend.

The company’s board of directors stated in its securities exchange filings that “Based on Regulation 42 of Regulation SEBI (Listing Obligations and Disclosure Requirements), 2015, the Date of Record is intended to for the purpose of determining Shareholders’ eligibility for a Final Dividend of Rs. 2/- each Equity Share par value Rs. 2 / – Each fiscal year 2021-22 is Tuesday, September 20, 2022. Dividends, if announced at the Company’s 33rd General Meeting of Shareholders, will be paid by October 28, 2022 for Shareholders holding shares on the closing date of business hours of Tuesday, September 20, 2022.”

Today, Galaxy Universal and Indo Count’s brand GAIAM officially launched a new partnership to launch an exclusive Home Textile Collection. GAIAM is the market leading yoga, health and wellness brand. This is GAIAM’s first foray into the swimwear and bedding market, and it will leverage Indo Count’s pioneering technological innovations and stylish design. The GAIAM home collection will offer a wide selection of bath and bedding products. The GAIAM home collection will launch in-store and online in the US, Canada and Mexico with retail partners in spring 2023. The collection will be showcased during September Home Textile Market Week. 2022 at Indo Count’s 5th Avenue showroom in New York City. (September 19–22).

“This is our first comprehensive lifestyle partnership in North America, and GAIAM is uniquely positioned to reach consumers who know and love the brand and are looking to strike the right balance. balance in their lives through the restorative power of a good night’s sleep,” said KK Lalpuria, CEO and CEO of Indo Count. He added that “We have been looking for the right brand partners to build innovative, value-added products and we will deliver on the GAIAM brand promise that is accessible to all. be healthy”.

“We are delighted to partner with GAIAM – who has such an impressive reach – and look forward to building GAIAM’s collection of home health & wellness products that are relevant and timely. on the market today. “We have partnered with a best-in-class home textile manufacturer,” added James Setton, Galaxy CEO. suitable for their categories. “

Today’s closing price of Indo Count Industries Ltd stock is 150.00 a piece, 4.28% down from yesterday’s close of 156.70. The stock is down 44.21% year-over-year, and year-to-date, it’s down 41.19% so far in 2022.

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