Board Of Small Cap Metals Stock Sets Record Date For Dividend, Approves 1:1 Bonus Share

Board of directors of small cap stock from metals sector, Raghav Productivity Enhancers Ltd fixed July 8, 2023 as the record date for Re 1.00/- per share dividend. The company also approved bonus share in the proportion of 1:1. Raghav Productivity Enhancers shares offered 117% return in last 1-year. Check details below:

Raghav Productivity Sets Record Date For Dividend: The board of directors earlier this year on April 23, 2023 recommended final dividend of Re 1.00/- per equity shares of Rs 10/- each for FY March 31, 2023. Now the board had fixed record and as per the regulatory filing of the company, "In terms of Regulation 42 of the Listing Regulations read with Section 91 of the Companies Act, 2013 including rules made thereunder, Saturday, 08th July, 2023 has been fixed as the Record Date for the purpose of forthcoming 14th Annual General Meeting and Dividend, if declared at the Annual General Meeting."

Raghav Productivity Announces Bonus Share: As per the regulatory filing of the company dated June 27, "considered and approved the proposal for issue of bonus equity shares to the members of the company by capitalization of Securities Premium account in the ratio 1:1 i.e. 1 bonus equity shares of Rs. 10/- for every 1 existing equity shares of Rs. 10/- each held by the members on the record date to be fixed hereafter for the purpose subject to approval of Shareholders of the Company in the 14th Annual General Meeting to be held on 25th July, 2023."

Raghav Productivity Stock Performance & Return: Last trading price of Raghav Productivity share is Rs 1064.70 per share with intraday fall of 2.20%. Its 52-week high price is Rs 1180.00 per share and 52-week low price is Rs 480.25 per share, respectively. The company has a market capitalisation of Rs 1,221.88 crore. In last 6-months, Raghav Productivity shares delivered 18%, gave 159% return in last 2-years, and 885% return in last 3-years. In last 5-years, Raghav Productivity shares gave 850% return.

Raghav Productivity About: It is a leading stone supplier. Raghav Productivity is engaged in the manufacturing and exporting of ferro alloys, ramming mass, silica ramming mixes, and pig iron, among others. The small cap company came into existence in 2009.

Disclaimer: The metal sector stock fixed record date for dividend and approved bonus share. 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.