Small Cap Company Announces Rs 6/Share Dividend, 1:1 Bonus Share

Small cap stock operating in Gems and Jewellery sector, Thangamayil Jewellery Ltd on Monday announced an interim dividend of Rs 6/- per equity share and recommended bonus share in the proportion of 1:1 share. Shares of the company witnessed a rally of 3.53% to close at Rs 1174.95 per share. Thangamayil Jewellery shares soared 410% in last 3-years. Check details below:

Thangamayil Jewellery Declares Dividend: According to the regulatory filing of the company, "We would like to further inform you that the Board has recommended a final dividend of Rs.6 /- per equity share of Rs.10/-each (60%) subject to approval of members at the ensuing Annual General Meeting. An Interim dividend of Rs.6/- per equity share of Rs.10/- each (60%) has already been paid during Feb, 2023 (Totaling to Rs.12/- per equity shares (120%)), the dividend will be paid / dispatched within 30 days of the Annual General Meeting."

Thangamayil Jewellery Announces 1:1 Bonus Share: According to the BSE filing of the company, "We further inform you that the Board has recommended issue of Bonus shares at the ration of 1:1 to the existing Shareholders as on the record date to be fixed after the ensuring AGM to be held on 24th July, 2023 duly approved by the Shareholders of the company."

Thangamayil Jewellery Stock Performance & Return: Last trading price of Thangamayil Jewellery share is Rs 1174.95 apiece with intraday gain of 3.53% on BSE. The stock's 52-week high price is Rs 1350.00 apiece and 52-week low price is Rs 926.50 apiece, respectively. The company's market capitalisation is Rs 1,611.98 crore. Thangamayil Jewellery shares soared 17% in last 3-months, again 17% in last 6-months, 11% in last 1-year, 51% in last 2-years, and 410% in last 3-years.

Disclaimer: The stock announced dividend and bonus issue. 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.