At 12:50 pm, the shares of Britannia were trading higher by 2.23 per cent on the BSEBritannia Industries shares gained more than 2 per cent in a weak market after the company stated an interim dividend for the financial year 2020-21.

At 12:50 pm, the shares of the biscuit company were trading at Rs 3,699.20, higher by 2.23 per cent, on the BSE.Britannia Industries stated an interim dividend of 6,200 percent i.e.

Rs 62 per equity shareThe record date for determining the eligibility of shareholders for receiving the interim dividend has been repaired as April 10.

The interim dividend is subject to deduction/withholding of suitable taxes and will be paid on or before April 30, 2021.

The BSE Sensex was trading at 48,892.55, weaker by 1040.75 points or 2.08 percent and the NSE Nifty was at 14,588.55, down 289.70 points or 0.95 percent.