Small Cap IT Firm Saven Technologies Declares Interim Dividend Of Rs 1

Monday, July 25, the Board of Directors of Saven Technologies Ltd declared an Interim Dividend of Rs 1 per equity share.

Saven Technologies Ltd is a small cap IT services management company with a market capitalization of Rs 45.09 crore.

The company in its filing to BSE has said, "The Board of Directors of the Company declared an interim dividend of Re.l/- (Rupee One Only) per equity share (representing 100%) on the equity share of Re.l/- each fully paid up, for the financial year 2022-23."

The company further stated that the Interim Dividend will be paid on or before 23 August 2022.

The Record date for determining the eligibility of shareholders entitled to receive the interim dividend 2022-23, is fixed as on 05th August, 2022, the company added.

The current market price of Saven Technologies Ltd is Rs 42.20 apiece. It was opened at Rs 38.60 apiece on BSE. Today it surged 3.60%. Last week its share price moved up 11.1%, and in the last 1 month, it gained 33.49%, respectively. In the last 1 year, it moved up around 51.53% and 121.32% in the last 2 years, respectively. In the last 5 years, it gained roughly 86.47%.