Cheviot Company Ltd board recommends special dividend of Rs. 175

The Board of Directors of Cheviot Company Ltd. at its meeting held on 15th May, 2021 have recommended a special dividend of Rs. 175/- (1750%) per ordinary share on 62,66,875 fully paid-up ordinary shares of face value of Rs. 10/- each aggregating to Rs. 1,09,67,03,125/- (Rupees One Hundred Nine Crore Sixty-Seven Lakhs Three Thousand One Hundred Twenty Five only) for the year ended 31st March, 2021, subject to approval of the members at the ensuing annual general meeting (AGM) of the Company.

In this connection, Friday, 16th July, 2021, is fixed as the record date for the purpose of dividend.

Shares of CHEVIOT CO.LTD. was last trading in BSE at Rs.800.5 as compared to the previous close of Rs. 789.6. The total number of shares traded during the day was 4932 in over 257 trades.

The stock hit an intraday high of Rs. 813 and intraday low of 791. The net turnover during the day was Rs. 3948174.

Source : Equity Bulls

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