Kanco Tea & Industries Ltd recommends dividend for FY2022

The Board of Directors of Kanco Tea & Industries Ltd at their meeting held on 26th May, 2022, considered and recommended dividend of Rs. 7/- per Preference Share of face value Rs.100/- each and Re.1/- per Equity Share of face value Rs 10/- each being 7% and 10% on Face Value of Preference Shares and Equity Shares respectively, subject to the approval of the shareholders at the ensuing Annual General Meeting(AGM) and would be paid/dispatched within 30 days from the date of declaration at the ensuing AGM to the Members whose name appears in the Register of Members as on the cut - off date i.e 29th July, 2022.

Shares of Kanco Tea & Industries Ltd was last trading in BSE at Rs. 82.50 as compared to the previous close of Rs. 82.90. The total number of shares traded during the day was 505 in over 30 trades.

The stock hit an intraday high of Rs. 83.50 and intraday low of 79.00. The net turnover during the day was Rs. 41037.00.

Source : Equity Bulls

Keywords

KancoTeaandIndustries INE398L01017 Dividend FY2022