Ratnamani Metals and Tubes Ltd recommends dividend of Rs. 14

The Board of directors of Ratnamani Metals and Tubes Ltd has recommended a Dividend of Rs.14.00 per Equity Share (i.e. @ 700%) on 4,67,28,000 Equity Shares of Rs.2.00 each (pre-bonus) to the members, which translates into dividend of Rs.9.33 per equity share, having face value of Rs.2/- each (post-bonus), for the financial year ended on March 31, 2022, subject to the approval of the Members at the ensuing 38th Annual General Meeting of the Company. The dividend, if approved by the members at the ensuing AGM, would be paid to the members subject to deduction of tax at source, on or before September 8, 2022.

Shares of Ratnamani Metals & Tubes Limited was last trading in BSE at Rs. 2493.60 as compared to the previous close of Rs. 2566.05. The total number of shares traded during the day was 1309 in over 494 trades.

The stock hit an intraday high of Rs. 2623.90 and intraday low of 2480.00. The net turnover during the day was Rs. 3339588.00.

Source : Equity Bulls

Keywords

RatnamaniMetalsandTubes INE703B01027 Dividend FY2022