After 4:1 Bonus Shares, Small Cap Holding Co Declares Rs 19/Share Dividend

Board of Directors of small cap Holding Sector company Kama Holdings Limited today declared an interim dividend @190% i.e. Rs 19 per share. Current market price of Kama Holdings Limited shares on BSE is Rs 2673.05 per share with marginal intraday fall of 0.24%. Kama Holdings shares gained 138% surge in last 3-years and declined 18% in last 6-months. The company has a market capitalisation of Rs 8,577.97 crore. Earlier last year, Kama Holdings recommended 4:1 bonus share and fixed ex-bonus date as October 17, 2023. Check details below:

Kama Holdings Announces Interim Dividend: As per the regulatory filing of the company dated March 11, 2024, "We wish to inform you that the Board of Directors at its meeting held today has declared interim dividend @ 190% i.e. Rs. 19 per share on the paid-up equity share capital of the Company."

Kama Holdings Sets Record Date For Interim Dividend: The BSE filing further stated, "Dividend would be paid to members whose names appear on the Register of Members and the beneficial owners as per details received from National Securities Depository Limited and Central Depository Services (India) Limited, as on the Record Date i.e. Tuesday, 19th March 2024 which has already been communicated to Exchanges by letter dated 04 th March, 2024."

Kama Holdings Shares Performance & Return: The 52-week high price of Kama Holdings shares is Rs 3500.00 per share and 52-week low price is Rs 2350.02 per share, respectively. Kama Holdings shares witnessed dip of 8% in last 3-months, gained 10% in last 1-year, and offered return of 52% in last 2-years. In last 3-years, Kama Holdings stock surged 138% and soared 173% in last 5-years. The scrip gained 3541% in last 10-years.

Kama Holdings Bonus Issue In 2023: Kama Holdings declared bonus share in the proportion of 4:1 in 2023. As per the exchange filing of Kama dated September 1, 2023, "the Board of Directors considered and approved Increase in the Authorised Share Capital and Bonus Issue of Equity Shares in the proportion of 4 (Four) Equity Share of Rs. 10/- each for every 1 (One) Equity Shares of Rs. 10/- each held by the shareholders of the Company. The shares traded ex-bonus on October 17, 2023.

Kama Holdings Financials: The company for the quarter ended December 31, 2023 declared its net sales at Rs 3,075.83 crore, down 12.2% as against Rs 3503.23 crore declared in the corresponding quarter of last year. It announced its net profit for December 2023 quarter at Rs 129.15 crore, down 52.43% from Rs 271.50 crore in the similar quarter of last year. Its EBITDA stood at Rs 589.07 crore in December 2023, down 31.49% as against Rs 859.77 crore in December 2022.

Kama Holdings About: It is a leading core investment company engaged in the business of holding long-term investments in its subsidiaries. Its key segments are technical textiles business, chemicals business, and packaging film business, among others.

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