with a market cap of 3,434.85 Crore Nirlon Limited is a Small Cap company operating in the diversified commercial services sector. The Board has recommended a final dividend of Rs. 11.00 per equity share (@110%) for the financial year 2021-2022, for which the record date has been declared to establish the shareholders’ eligibility for dividend payment.
The company said in a regulatory filing that “a final dividend of Rs 11.00 per equity share (@ 110%) has been recommended by the Board for the financial year 2021-2022, and subject to the approval of the members at this upcoming 63rd AGM. , Monday, the 19th September, 2022. If the dividend recommended by the Board is approved at the 63rd AGM, the payment of such dividend, subject to deduction of tax at source (TDS), on or before Friday, 14 October 2022 to the members as follows: to all beneficial owners in respect of shares held in dematerialized form, as of business hours on Thursday, as per data provided by National Securities Depository Limited and Central Depository Services (India) Limited, 8 September, 2022. All Members, in respect of shares held in physical form, after giving effect to valid transmission and transposition in respect of requests filed with the Company on or before the close of business hours on Thursday, September 8, 2022 Dividend paid nd on or Saturday, September 24, 2022 will be deposited/dispatched later.”
Nirlon Limited Shares had today’s closing price 381.10 per share, up 0.25 per cent from yesterday’s close. share price increased 5.90 at current market price as on 5 April 1996, which is an all-time high return of 6,359.32 percent and a multibagger return. The stock has gained 70.36 percent in the last five years and 27.67 percent over the previous year. The stock has fallen 3.36 per cent YTD so far in 2022.
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