Clariant Chemicals surges on record date for second interim dividend

The company has fixed January 20, 2015 as record date for payment of second interim dividend

Shares of Clariant Chemicals were up nearly 5% at Rs 1,035 after the company said that January 20, 2015 has been fixed as the Record Date for the purpose of payment of 2nd Interim Dividend.

The 2nd Interim Dividend, if declared, will be paid on or after January 21, 2015, the company said in a release.

Early this month the company said  it has received an aggregate consideration of Rs. 1,102.50 crore in full & final payment in connection with its agreement to sell its land located in Kolshet, Thane aggregating to about 87 acres to M/s. Ishwer Realty and Technologies Private Limited (a subsidiary of Lodha Developers Private Limited).

The stock opened at Rs 1,035 and touched a high of Rs 1,051. At 11:50AM over 58,000 shares were traded on both the stock exchanges.