“We want to inform you that on the board assembly held right this moment, the Administrators have declared an interim dividend of Rs 3 per fairness share of Rs 2 every (150%) of the Firm,” mentioned the corporate’s submitting with the trade.
“The interim dividend shall be paid on December 6, 2022 to the fairness shareholders of the Firm, whose names seem on the Register of Members of the Firm or within the data of the Depositories as helpful homeowners of the shares as on Thursday, November 24, 2022 which is the Report Date mounted for the aim,” added the submitting.
The document date for figuring out shareholders’ eligibility is mounted as November 24, whereas the dividend cost date is December 6.
is a multibagger inventory with a 3-year return of 363%. The inventory’s 52-week excessive and low are Rs 359.5 and Rs 214.45, respectively.
Panama Petrochem is a smallcap firm with a m-cap of Rs 1,860 crore. The corporate is among the many main producers and exporters of petroleum specialty merchandise.