Small Cap Stock But Big Dividend: Rs 20 Payout, Record Date Out; Buy Monte Carlo Shares?

The record date for the subsequent dividend of Rs 20 per share has been declared by Monte Carlo Fashions Ltd, an Indian clothing and fashion business founded in 1984 by the Nahar Group. Furthermore, the firm has declared that Monday, September 29, 2025, will be the date of its seventeenth Annual General Meeting (AGM). Let's look at an analyst's opinion on the stock forecast, which might aid traders in planning how to trade following the announcement of a dividend.

Monte Carlo Fashions Dividend

"The Board of directors of the Company at its meeting held on May 26, 2025 has recommended a dividend @200% i.e. Rs. 20/- per Equity Share on the paid up equity share capital of the Company. The Company has fixed Monday, September 22, 2025 as the "Record Date" for determining entitlement of Members for final dividend for the financial year ended March 31, 2025, if approved at the AGM. The dividend, if declared at the Annual General Meeting, will be paid subject to deduction of income-tax at source ('TDS'), wherever applicable within a period of 30 days from the date of declaration to the members as under: a) To all the Beneficial Owners as on Monday, September 22, 2025 as per the list of beneficial owners to be furnished by the National Securities Depository Limited and Central Depository Services (India) Limited in respect of the shares held in electronic form; and b) To all Members in respect of shares held in physical form after giving effect to valid transmission and transposition in respect of valid requests lodged with the Company/Registrar and Share Transfer Agent as on Monday, September 22, 2025," said Monte Carlo Fashions in its FY25 annual report.

Intimation of Book Closure, Cut-off date, E-voting information

"The Register of Members and Share Transfer Books of the Company will remain closed from Tuesday, September 23, 2025 to Monday, September 29, 2025 (both days inclusive) for the purpose of payment of dividend and 17th Annual General Meeting (AGM) of the Company. Dividend on Equity Shares as recommended by the Board, if approved at the ensuing Annual General Meeting shall be paid to those members whose names will appear in the Register of Members as on Monday, September 22, 2025 and Register of Beneficial Owners maintained by the depositories at the close on that date," as per Monte Carlo Fashions.

The deadline for identifying which members are eligible to vote via remote electronic voting or e-voting during the AGM is Monday, September 22, 2025, according to the company.

Monte Carlo Fashions Target Price

"Monte Carlo is consolidating near its support zone of ₹585, showing stability after recent volatility. Resistance lies at ₹615, and a breakout above this may drive the stock toward ₹635-645. Volume activity is gradually improving, and RSI suggests strengthening momentum. The technical outlook remains constructive, pointing to a likely continuation of the recovery trend," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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