Small Cap Stock Fixes Record Date For Rs 1.50/Share Dividend, Scrip Up 10.60% In 1 Week

Small Cap Gems, and Jewellery company Asian Star Company Ltd. on Tuesday gained over 2% after the Board of Directors of the company on Monday fixed the Record date for the Dividend.

The Board of Directors has fixed Thursday, Sept 21, 2023, as the record date for the dividend of Rs 1.50/- per equity share of face value of Rs 10 per equity share for Financial Year 2022-23.

"the Board of Directors of the Company have inter-alia recommended dividend of, Rs. 1.50/- per equity share (face value ,10 /- per equity share) for FY 2022-23, subject to the approval of the shareholders at the ensuing 29" Annual General Meeting to be held on September 28, 2023. Pursuant to Regulation 42 of SEB] LODR Regulations, the Company has fixed the 'Record Date' for determining the member eligible for payment of final dividend," the Board said in a filing.

The stock on Tuesday closed 2.35% higher at Rs 835 per share on the BSE. It gained 10.60% in the last 1 week. In the last 1 month, it gained 18.95%. In 1 year, it gained 9.77%, while in 3 years, it gained 21.19%. However, it declined 1.07% in 5 years. The stock's market cap is Rs 1.336.57 Crore.

The stock's 52-week high is Rs 835.90 per share and the 52-week low is Rs 627.75 per share.

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