The board of directors of Gufic Biosciences at (Q, N,C,F)* its meeting held on Mar. 07 has declared 5% dividend, reports Business Line.

Gufic Biosciences (GUFICBIO) is a pharmaceuticals and biosciences company. Incorporated in 1984 as Central Finance, the company got its current name on Jun. 05, 2000.

The company operates in the segments of pharma, healthcare, bio-technology, seeds, herbal, R&D, and bulk drugs. The company provides pharma medicines for diarrhoea (Ridol), episiotomy (Zad-g), anemia (Optifer), infections (Lotril), inflammation (Valsafe)..etc. The healthcare segment provides consumer and personal hygiene products like roll-ons for cold and sanitary napkins like Shapers.

Shares of the company declined Rs 0.88, or 8.52%, to trade at Rs 9.45. The total volume of shares traded was 25,865 at the BSE. (11.34 a.m., Monday)