DIVIDEND STOCK Rs 100: Narmada Gelatines Dividend Record Date, Payment Date | Narmada Gelatines Ltd Share Price BSE

Narmada Gelatines Dividend Record Date, Narmada Gelatines Share Price, Narmada Gelatines Ltd Dividend 2022: Narmada Gelatines Limited has announced to pay a dividend to its shareholders. Narmada Gelatines is a small cap company that operates in the specialty chemical sector. It is a pioneer in the production of ossein and gelatin. 

The company has declared that it will pay a whopping 1000 per cent special dividend to its investors. According to an exchange filing by Narmada Gelatines, this would be a special dividend that the company would pay to its investors.

According to BSE filing by Narmada Gelatines, the special dividend of 1000 per cent translates into Rs 100 per share. The face value of each share of Narmada Gelatines is Rs 10. If a person has 100 shares of Narmada Gelatines, then the company would him/her Rs 10,000 dividend.

"...the Board of Directors at their meeting held on 7th December, 2022 have declared a Special Interim Dividend of Rs.100/- per equity share (i.e. 1000%) of the face value of Rs. 10 each fully paid up, for the Financial Year 2022-23," the company said in a filing on BSE.

Narmada Gelatines Dividend Record Date 2022

Narmada Gelatines will pay the said dividend to investors who hold the shares in their Demat account on the record date.

Narmada Gelatines has fixed the record date for determining the eligibility of shareholders for receiving the dividend amount. As per the filing, Narmada Gelatines dividend record date 2022 is December 15.

"The RECORD DATE fixed for the purpose of Special Interim Dividend, is Thursday, 15th December, 2022," the company said.

Narmada Gelatines Dividend Payment Date

Narmada Gelatines said that the dividend of Rs 100 per equity share shall be paid to the eligible shareholders of the company within 30 days from the date of declaration. Pursuant to the provisions of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Narmada Gelatines Ltd Share Price BSE

Meanwhile, shares of Narmada Gelatines on Tuesday, December 13, closed at 5 per cent upper circuit of Rs 481.10. This was the fifth consecutive session when the stock hit the upper circuit. The company is listed on BSE. 

Narmada Gelatines has delivered multibagger return of around 120 per cent in the past one month. The stock has zoomed nearly 70 per cent in the past 5 sessions. 

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