Small Cap Kirloskar Group Stock Fixes Record Date For 125% Interim Dividend, Check Record Date

Kirloskar Group's small-cap stock Kirloskar Pneumatic Co. Ltd. fixed the record date for a 125% Interim Dividend, which was declared on 25th January 2023. The stock operates in the electric/electronics sector engaged in the business of Compression & Transmission segments. It has a market valuation of Rs 3,597.94 crore. Below are the key highlights of the stock:

Kirloskar Pneumatic Co. Ltd. Stock Performance

The stock of Kirloskar Pneumatic last traded at Rs 556.80 apiece on BSE, down 2.25% from its previous close, The stock recorded 52 week high on 21 November 2022 at Rs 654 apiece and 52 week low on 22 February 2022 at Rs 376.25 apiece, respectively.

The stock gained 0.03% in a week, and 4.85% in a month, respectively. However, it declined 2.2% in 3 months. In 1 year it gained 28.21%. In the 3 years, it gave the highest 274.07% positive return. In 5 years it gave 197.02% positive return.

Kirloskar Pneumatic Co. Ltd. 125% Interim Dividend

According to the regulatory filing by the Board of Directors of Kirloskar Pneumatic Co. Ltd. to BSE on January 25, 2023, "The Board of Directors at the said Meeting also declared an interim Dividend of Rs. 2.50 (125%) per equity share of Rs. 2/- each for the Financial Year 2022-23 which shall be paid through National Electronic Clearing System (NECS) or vide dividend warrants, as the case may be. The record date to determine the eligibility for payment of the aforesaid interim dividend is fixed as Tuesday, February 7, 2023."

According to the regulatory filing by the Board of Directors of Kirloskar Pneumatic Co. Ltd. to BSE on January 31, 2023, "In continuation of earlier communication vide letter No. SEC&LEG/561 dated January 25, 2023 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the interim dividend declared in the Board Meeting held on January 25, 2023 will be paid on or after February 21, 2023."

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