Shradha Infraprojects Stock Dividend, Split: Shares of Shradha Infraprojects surged 5% in today’s session and hit the 5% cap as they traded on ex-date for dividends and splits. Shares of small cap companies quoted Rs 53.95 on NSE at 10am.
Shradha Infraprojects dividend amount
Shradha Infraprojects will pay an interim dividend of Rs 2 per share to investors with a par value of Rs 5 in the financial year 2022-2023.
Shradha Infraprojects Dividend record date 2023
The company confirmed January 21 as the record date for payment of the interim dividend.
Shradha Infraprojects stock split ratio, stock split
The company has announced a 1-for-1 stock split, according to the exchange documents. This means that every shareholder gets one of his shares for every one of his shares held in his Demat account.
Also, the face value of Shradha Infraprojects is Rs 10 each, divided in equal proportions. The par value after splitting will be Rs 5.
Shradha Infraprojects Stock Split Record Date 2022
Shradha Infraprojects stock split record date is January 21st. This means that investors holding Shradha Infraprojects shares in his Demat account on January 21 will benefit from the stock split.
A record is nothing more than a date that enables the company to determine whether shareholders are eligible to receive the benefits of corporate actions such as splits, dividends and bonuses.
Shradha Infraprojects Corporate Action History
Shradha Infraprojects Stock Price History
Shares of Shradha Infraprojects have gained more than 12% in the last six months. The 52-week range of the stock price is between Rs 104.75 and Rs 38.30. At current levels, the company has a market capitalization of Rs 54.62 billion.
Shraddha Infrastructure Project
Infrastructure development company based in India.[Business description]We have a portfolio in the construction business of commercial complexes, housing, offices, and civil engineering, and handle real estate.
Also read – Budget 2023: What is a Finance Bill and how is it different from a Money Bill?
