The announcement was made after trading hours yesterday, 5 August 2019.

Meanwhile, S&P BSE Sensex was up 117.95 points or 0.32% at 36,817.79.

On BSE, 2.59 lakh shares were traded in Bombay Dyeing & Manufacturing Company counter, compared to a 2-week average of 3.15 lakh shares. The stock hit an intraday high of Rs 74.75 and an intraday low of Rs 71. It hit a 52-week high of Rs 284 on 6 August 2018 and a 52-week low of Rs 62.50 on 2 August 2019.

Consolidated net sales surged 63.2% to Rs 648.57 crore in Q1 June 2019 over Q1 June 2018.

Bombay Dyeing & Manufacturing Company is a holding company engaged primarily in the business of real estate development, polyester staple fibre and retail. The company's segments include real estate, polyester and retail/textile.