Small Cap Chemicals Co Fixes Record Date For Dividend, Shares Rise 256% In 2-Years

Small cap company operating in Chemicals sector, Yasho Industries Ltd on June 14, 2023 declared July 6, 2023 as the record date for final dividend. Yasho Industries shares witnessed a rally of 256% in last 2-years. Check details below pertaining to dividend and stock performance:

Yasho Industries Sets Record Date For Dividend: As per the regulatory filing of the Yasho Industries dated June 14, "Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, The Record date will be on Thursday, July 6, 2023 and Register of Members and Share Transfer Books of the Company will remain closed for taking record of the Members of the Company for the purpose of the 37th Annual General Meeting ("AGM") and payment of dividend as may be declared at the said AGM for the Financial Year ended March 31, 2023."

Earlier this year on May 2, 2023 board of directors of the company recommended final dividend of Rs 0.50/- (Rupees Fifty Paise only) per Equity Share of Rs. 10/- each (fully paid-up) for the financial year ended March 31, 2023 and the same shall be payable subject to approval of the Shareholders at the ensuing Annual General Meeting."

Yasho Industries Stock Performance & Return: Last trading price of Yasho Industries stock is Rs 1648.35 per share with intraday gain of 1.23%. Its 52-week high price is Rs 1,874.80 apiece and 52-week low price is Rs 1,172.00 apiece, respectively. The company has a market capitalisation of Rs 1,878.99 crore. In last 3-months, Yasho Industries shares jumped 24%, delivered 22% return in last 1-year, and 1223% return in last 3-years.

Yasho Industries About: Yasho Industries commenced operations in 1993 for Specialty Chemicals. Since then Yasho has expanded its business footprint and geographic reach systematically through strategic capital improvements to enhance its existing operations. It manufactures a wide range of Speciality & Fine chemicals such as Antioxidants, Rubber, Lube and Aroma chemicals, among others, as per its
LinkedIn page.

Disclaimer: The stock fixed record date for final dividend. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.