Largecap NBFC Shriram Finance approves share split plan; announces Q2 results and 220% interim dividend | Check details

Shriram Finance stock split, Q2 results, interim dividend: The company said the stock split is 5:1, i.e., 5 fully paid equity shares of face value of Rs 2 each for every 1 fully paid equity share of face value of Rs 10/- each held by members of the company.

Largecap NBFC Shriram Finance approves share split plan; announces Q2 results and 220% interim dividend | Check details
The interim dividend payout will be made to eligible shareholders on or before Sunday, November 24, 2024, says the company in a statement on Friday. Photo: File

Shriram Finance Stock Split, Q2 July-September Quarter Results, Interim Dividend: Largecap non-banking finance company (NBFC) Shriram Finance today (Friday, October 25, 2024) announced stock split 5:1 in its Board meeting, where it also announced its second-quarter (Q2, July-September quarter) results.  

The company said that the stock split is 5:1, "i.e. 5 (five) fully paid equity shares of face value of Rs 2 (Rupees Two Only) each for every 1 (One) fully paid equity share of face value of Rs 10/- (Rupees Ten Only) each held by members of the company".

Shriram Finance interim dividend 

Shriram Finance also declared an interim dividend of 220 per cent, i.e., Rs.22/- per equity share of face value Rs 10/- each fully paid up for the Financial Year 2024-25.

Shriram Finance Interim dividend record date

The company says the interim dividend will be paid to those members whose name appears in the Register of Members of the company as on Thursday, November 7, 2024, being the record date. 

The interim dividend payout will be made to the eligible shareholders on or before Sunday, November 24, 2024, says the company.

Shriram Finance share price history

The stock of the NBFC company ended the trading session on BSE on Friday lower by 3.81 per cent, or Rs 123.45, at Rs 3,117.95.
 
Shriram Finance's stock has jumped by 71.55 per cent in the 1-year time frame.
 
Benchmark Nifty 50, meanwhile, has risen by 26.45 per cent during the same period.

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Written By: ZeeBiz WebTeam
Updated: Fri, Oct 25, 2024
04:39 PM IST
New Delhi, ZeeBiz WebDesk
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