Small Cap Textile Company Sets Record Date For 200% Dividend, 1-Yr Return 39%

Board of small cap textile sector company, Gloster Ltd on May 31 has fixed record date for 200% dividend payment. Last trading price of Gloster Ltd is Rs 704.65 per share with intraday fall of 1.05%. Gloster Ltd share gave 11% return in last 1-month and 7% return in last 3-months. Check details below:

Board of Gloster Ltd Sets Record Date For Dividend: The company declared final dividend @200% i.e. Rs- 20/- per equity share. According to the BSE filing of the company, "The dividend as approved by the Board of Directors of the Company is subject to the approval of the shareholders and shall be paid to:

(i) All Beneficial Owners in respect of shares held in deniaterialized form as per the data made available by the National Securities Depository Limited (NSDL) and the Central Depository Services (India) Limited (CDSL) as at the close of business hours on 29th July 2023;

(ii) To all Members in respect of shares held in physical form after giving effect to valid transfers in respect of transfer requests lodged with the Company on or before the close of business hours on 29"' July 2023.
Notice is hereby given that the 101" Annual General Meeting ("AGM") of the Members of Gloster Limited will be held on Saturday, the 5"^ August, 2023 at 11.00 A.M. through Video conferencing (VC)/Other Audio Visual means (OAVM).

Gloster Ltd Stock Performance & Return: Last trading price of Gloster Ltd share is Rs 704.65 per share. Its 52-week high price is Rs 1012.40 per share and 52-week low price is Rs 425.00 per share, respectively. The company has a market capitalisation of Rs 771.12 crore. Gloster Ltd share surged 39% in last 1-year, 83% in last 2-years, and 256% in last 3-years.

Gloster Ltd About: Gloster Limited (Formerly, Kettlewell Bullen& Company Limited) was converted and incorporated as a limited company under the provisions of the Companies Act 1913. In 1879, it was appointed as the managing agent of Fort Gloster Jute Manufacturing Company Limited which became Fort Gloster Industries Limited subsequently. The House of Bangurs as one of the leading business conglomerates acquired the Company in the year 1954. In compliance with the change in statute, it ceased to be the managing agent w.e.f 31st December 1969. It however, continued to be the main Promoter and controller of Fort Gloster Industries Limited, according to its official website.

Disclaimer: Board of the small cap stock fixed record date for dividend. 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.