Rs 5/Share Dividend: Engineering Co Postpones Record Date, Shares Gain 230% In 2-Yrs

Small cap company from engineering company, Semac Consultants Ltd has decided to postpone the record date (as announced earlier September 27) fixed for the purpose of payment of dividend. The revised record date will be intimated in due course, according to the regulatory filing of the company. Earlier, the company on May 24, 2023 recommended final dividend of Rs 5/- per equity share on the face value of Rs 10/- each. Semac shares hit back-to-back fresh 52-week high today and yesterday. Check details below:

Semac Consultants Postpones Record Date For Dividend Payment: According to the BSE filing of the company dated today, "With respect to the above subject matter, we would like to inform you that due to the pendency of allotment of shares to the eligible shareholders pursuant to the Scheme of Arrangement as approved by the Hon'ble National Company Law Tribunal Chennai Branch, the Company has decided to postpone the Record Date (as declared earlier Wednesday 27th September 2023) fixed for the purpose of payment of Dividend. The revised/ rescheduled Record Date will be intimated in due course."

Semac Consultants Stock Outlook & Return: Last trading price of Semac Consultants share is Rs 1967.35 per share with intraday gain of 1.40%. Its 52-week high price is Rs 2030.00 per share and 52-week low price is Rs 815.05 per share, respectively. The company has a market capitalisation of Rs 603.38 crore. Semac Consultants shares rallied 101% in last 1-years, soared 230% in last 2-years, offered return of 351% in last 3-years, and gained 337% in last 5-years.

Semac Consultants About: Semac Consultants Pvt Ltd is one of the leading engineering design, design-build, and project management consultancy service providers in India, with more than 50 years of rich experience in the industry with more than 950 million sq ft of built-up space designed/built/managed so far, according to its official website.

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