Stock Dividend, Split: This small-cap realty company's shares trade ex-date today - check dividend amount, split ratio

Shradha Infraprojects Share Dividend, Split: Shradha Infraprojects shares jumped 5 per cent to hit the upper circuit of 5 per cent in today's session as they trade ex-date for dividend and split. The shares of the small-cap company quoted Rs 53.95 apiece on NSE at 10 AM. 

Shradha Infraprojects Dividend Amount

Shradha Infraprojects will pay an interim dividend of Rs 2  per equity share to its investors having a face value of Rs 5 for the financial year 2022-23.

Shradha Infraprojects Dividend Record Date 2023

The company has fixed the record date for the payment of the interim dividend as January 21.

Shradha Infraprojects Share Split Ratio, Stock Split

The company has announced to split its shares in the ratio of 1:1, according to an exchange filing. It means that every shareholder will get 1 share for every 1 share held in the Demat account.

Also, Shradha Infraprojects share face value which is Rs 10 apiece will be split in the same ratio. After the split, the face value will be Rs 5.

Shradha Infraprojects Share Split Record Date 2022

Shradha Infraprojects stock split record date is January 21 which means that investors having the shares of Shradha Infraprojects in the Demat account on January 21 will receive the benefit of the stock split.

A record is nothing but a date that allows a company to determine the eligibility of shareholders for receiving the benefits of corporate actions like split, dividend, bonus and more.

Shradha Infraprojects Corporate Action History

Shradha Infraprojects Share Price History

Shradha Infraprojects stock has delivered a return of more than 12 per cent in last six months. The stock's 52-week range is Rs 104.75 - Rs 38.30. At current levels, the company has a market cap of Rs 54.62 crore.

Shradha Infraprojects

It is an India-based infrastructure development company. The Company has a portfolio in the business of construction of commercial complexes, residential houses, business premises and civil work, dealing in real estate properties.

Also, read- Budget 2023: What is Finance Bill and how is it different from Money Bill?