Mastek Limited board recommends final dividend of Rs. 12

The Board of Directors recommended a Final Dividend of 240% i.e. Rs. 12 per equity share (on the face value of Rs. 5.00 per equity share), for the Financial Year ended March 31, 2024, subject to the Shareholders' approval at the ensuing 42nd Annual General Meeting and will be paid within 30 days from the date of approval at the ensuing Annual General Meeting.

The total dividend for the Financial Year ended March 31, 2024 (including the interim dividend of Rs. 7.00 per share) stands at Rs. 19 per share or 380% (in the previous year Rs. 19 per share or 380%).

The Book Closure for the purpose of payment of the said Dividend for the Financial Year 2023-24 will be determined later.

Shares of Mastek Limited was last trading in BSE at Rs. 2773.50 as compared to the previous close of Rs. 2737.75. The total number of shares traded during the day was 7841 in over 1523 trades.

The stock hit an intraday high of Rs. 2818.60 and intraday low of 2735.00. The net turnover during the day was Rs. 21818831.00.

Source : Equity Bulls

Keywords

Mastek INE759A01021 FinalDividend FY2024