Multibagger Chemicals Sector Stock To Consider, Declare 1st Interim Dividend This Month

Vidhi Specialty Food Ingredients Ltd will consider and declare 1st Interim dividend on November 11, 2022. The small cap company operates in Chemicals sector and came into existence in 1994. The company has a market capitalisation of Rs 1925 crore. Check key takeaways below:

1. Vidhi Specialty Food Ingredients To Consider And Approve 1st Interim Dividend

The board of directors in its BSE filing stated, "In terms of Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we hereby inform you that the meeting of the Board of Directors of our Company will be held on Friday, November 11, 2022 at 11:30 a.m. at the Registered Office of the Company situated at E/27, Commerce Centre, 78, Tardeo Road, Mumbai - 400 034 to inter-alia consider and declare the first interim dividend for the financial year 2022-23, if any, and to fix the record date for the same and to transact the other business as per the attached letter. The Interim Dividend, if declared, shall be paid to the equity shareholders of the Company whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Saturday, November 19, 2022 which is the record date fixed for the purpose."

2. Vidhi Specialty Food Ingredients Stock Outlook And Return

The current market price of Vidhi Specialty Food Ingredients is Rs 385 apiece with 52-week high at Rs 513 apiece and 52-week low at Rs 305 apiece, respectively. The stock has given multibagger returns to investors with 5-years return at 320%, 3-years return at 485%, and 1-year return at 9%.

3. About Vidhi Specialty Food Ingredients

It is a leading manufacturer, wholesaler, and exporter of a wide range of premium quality basic food color, food ingredients, lake food color, and D&C food color. These are processed in tune with the set global quality parameters using best quality material which is sourced from reliable vendors.

Disclaimer

The above stock gives details related to interim dividend and the upcoming board meeting of the company. 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.