Oracle Credit Ltd declares interim dividend of Rs. 0.50

The Board of Directors of Oracle Credit Ltd at their meeting held on Friday, 10th February 2023, have recommended and approved the Interim Dividend of 5%, i.e., Rs. 0.5/- per Equity Share with Face Value of Rs. 10/- each to Non-Promoter Equity Shareholders of the Company for the financial year 2022-2023 amounting to Rs. 18,68,976/- (Rupees Eighteen Lakhs Sixty Eight Thousand Nine Hundred Seventy Six Only).

Further, the Promoters of the Company, i.e., Mr. Aditya Vikram Kanoria and Mr. Mandeep Singh have volunteered to waive off dividend on their holdings, i.e., on 31,99,549 Equity Shares for the Financial Year 2022-2023.

The record date for the purpose of payment of interim dividend, as already communicated, is Tuesday, 21st February, 2023. The interim dividend will be paid within stipulated timelines as prescribed under law.

Shares of Oracle Credit Ltd was last trading in BSE at Rs. 124.65 as compared to the previous close of Rs. 121.05. The total number of shares traded during the day was 2780 in over 111 trades.

The stock hit an intraday high of Rs. 125.90 and intraday low of 117.80. The net turnover during the day was Rs. 346362.00.

Source : Equity Bulls

Keywords

OracleCredit INE727C01016 InterimDividend FY2023 NonPromoterShareholders