Mid Cap Plastics Sector Stock Fixes Record Date For 300% Interim Dividend: Details Here

Supreme Industries Limited is India's leading plastic processing company with seven business divisions. The company has forayed into different types of plastic processing in Injection Moulding, Rotational Moulding (ROTO), Extrusion, Compression Moulding, Blow Moulding etc. The mid cap company has fixed record date for interim dividend today. Check key takeaways below:

1. Supreme Industries Ltd Sets Record Date For Interim Dividend

The board of directors of Supreme Industries stated in their regulatory filing, "Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held on Monday, the 31 st October, 2022, inter- alia, transacted the following business: 1. Approved the Un-Audited Financial Results (both Consolidated and Standalone) for the Second Quarter ended 30th September, 2022. 2. Approved payment of Interim Dividend @ 300 % i.e. Rs. 6/- per Share on 12,70,26,870 Nos. of Equity Shares of Rs. 2/- each (F.V.).

The company has fixed Wednesday, the 9th November, 2022, as the "Record Date" for the purpose of ascertaining the eligibility of the Shareholders for payment of Interim Dividend.

2. Supreme Industries Ltd Stock Outlook

The current market price of Supreme Industries is RS 2167 apiece with 52-week high at Rs 2500 and 52-week low at Rs 1668 apiece, respectively.

3. Supreme Industries Ltd Return

The mid cap company has given a return of 89% in last 5-years, 83% in last 3 years, and a negative return of 8% in last 1 year.

4. About Supreme Industries Ltd

Supreme Industries limited offers wide range of plastic products with a variety of applications in Moulded Furniture, Storage & Material Handling Products, XF Films & Products, Performance Films, Industrial Moulded Products, Protective Packaging Products, Composite Plastic Products, Plastic Piping System & Petrochemicals, according to its official website.

The mid-cap company came into existence in 1942.

Disclaimer

The stock offers details pertaining to interim dividend and record date. 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.