1:5 Stock Split, Rs 1.50/Share Dividend: Multibagger Small Cap Stock Sets Record Date

Small cap stock operating in electronics sector, Focus Lighting and Fixtures Ltd fixed August 18, 2023 as the record date for final dividend of Rs 1.50 per share on fully paid-up equity shares of the face value of Rs 10/- each for FY 2022-23. Focus Lighting also approved sub-division/split of shares in the proportion of 1:5. Focus Lighting shares offered massive return of 612% in last 1-year. Check details below:

Focus Lighting and Fixtures Recommended Final Dividend: According to the NSE filing of Focus Lighting dated July 24, 2023, "Recommended the Final Dividend of Rs. 1.50/- per share on fully paid-up equity shares of the Company of face value of Rs. 10/- each for the Financial Year 2022-23, subject to the approval of the Shareholders at the ensuing Annual General Meeting of the Company.

Focus Lighting Fixed Record Date For Dividend: As per the regulatory filing of Focus Lighting, "The Board has fixed the record date as 18th August, 2023 for the purpose of determining the names of the Shareholders who are entitled for the Final Dividend for the financial year ended 31St March, 2023, if approved."

Focus Lighting Approves Stock Split: Focus Lighting in its NSE filing dated July 24, 2023 said, "Approved the Sub-Division/ Split of 1 (One) Equity Share of face value of Rs. 10/- (Rupees Ten Only) fully paid up into 5 (Five) Equity Shares of Rs. 2/- (Rupees Two Only) each fully paid up, subject to the approval of the Members of the Company and any other authorities as maybe required. The record date for the sub-division of equity shares shall be decided by the Board and will be intimated to the exchanges. The details of which is enclosed herewith as Annexure I."

Focus Lighting Stock Performance & Return: Last trading price of Focus Lighting share is Rs 772.95 per share with intraday fall of 1.90%. Its 52-week high price is Rs 796.25 per share and 52-week low price is Rs 96.95 per share, respectively. It hit 52-week low on August 17, 2022.

Focus Lighting Financial Outlook: The company for the quarter ended June 30, 2023 declared its consolidated total income at Rs 52.98 crore, up 28.87% as against preceding quarter total income of Rs 41.11 crore. It announced its recent quarter net profit after tax at Rs 9.03 crore.

Focus Lighting About: Focus Lighting is an award-winning professional architectural lighting design firm located in New York City. Since 1987, It has continually created unique and successful lighting design solutions for projects of all sizes including hotels, resorts, retail, restaurants, museums, nightclubs, offices, and private residences around the world, according to LinkedIn page.

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