125% revenue: A number one baggage producer that fixes the register and fee historical past; Broadcasts bonus shares to shareholders

125% revenue: A number one baggage producer that fixes the register and fee historical past;  Broadcasts bonus shares to shareholders

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Safari Industries Dividend Shares, Bonus Shares: The main baggage producer has introduced the fee of a 125 per cent interim dividend to its shareholders after board approval.

Up to date on November 3, 2023 | 01:03 PM EST

125 Dividend: A number one baggage producer that fixes the document and fee historical past; Broadcasts bonus shares to shareholders

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Safari Industries Dividends, Bonus shares: Safari Industries Dividend Shares, Bonus Shares: Safari Industries (India) Ltd (NSE: SAFARI) introduced to reward its shareholders with bonus shares together with dividend for the monetary 12 months 2023-24 whereas asserting September quarter outcomes. The choice was introduced after the Board of Administrators assembly held on Wednesday, November 1, 2023.

Safari Industries 2023 earnings information

The main journey baggage producer introduced the fee of a 125 % interim dividend to its shareholders after the approval of the Board of Administrators. The quantity to be credited to the shareholders’ account might be Rs. 2.50 per share of fairness at face worth of Rs. 2/- for every of the fiscal 12 months 2023-24. Traders ought to needless to say dividends are at all times calculated on the nominal worth of the inventory and never in the marketplace worth.

Safari Industries earnings document date

The corporate has additionally set a document date of Friday, November 10, 2023 to find out shareholders’ eligibility for the fee of interim dividends on fairness shares for the 2023-2024 fiscal 12 months. “The Board of Administrators has declared and accepted an interim dividend of Rs 2.50 (125%) per share of Rs 2 per share for the monetary 12 months 2023-24,” the corporate mentioned in an trade submitting.

She added: “The corporate has set Friday, November 10, 2023 because the document date for figuring out members’ eligibility for fee of interim dividends on fairness shares for the fiscal 12 months 2023-2024.”

Safari Industries dividend fee date

The interim dividend might be paid to eligible shareholders on or earlier than November 30, 2023.

Safari Industries Bonus Share

The corporate has additionally proposed to concern bonus shares to its shareholders within the ratio of 1:1, i.e. 1 (one) new totally paid up share of Rs. 2/- (Rupees 2) for every (one) totally paid up present share of Rs. 2/- (Rupees) every.

(Disclaimer: The above article is for informational functions solely and shouldn’t be thought-about as any funding recommendation. Occasions Now Digital suggests readers/viewers to seek the advice of their monetary advisors earlier than making any cash associated choices.)

    (Tags for translation)Safari Industries inventory worth

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