Stock Report

REC Limited board declares interim dividend of Rs. 2



Posted On : 2021-08-05 16:40:05( TIMEZONE : IST )

REC Limited board declares interim dividend of Rs. 2

The Board of Directors of REC Limited in its meeting held on August 5, 2021 have approved the declaration of interim dividend @ Rs. 2/- (Rupees Two only) per equity share of Rs. 10/- each for the financial year 2021-22. Further, REC Limited has fixed Tuesday, August 17, 2021 as the "Record Date" for the purpose of ascertaining the eligibility of shareholders for payment of interim dividend on equity paid-up share capital of the Company for the financial year 2021-22.

The said interim dividend shall be paid/dispatched to those shareholders whose names appear: a) as beneficial owners in the statement(s) furnished by the Depository(ies) as on the close of business hours on Tuesday, August 17, 2021 in respect of shares held in electronic form; and b) as members in the Register of members on Tuesday, August 17, 2021 in respect of physical shares. Further, the aforesaid interim dividend shall be paid / dispatched on Thursday, September 2, 2021.

Shares of REC LIMITED was last trading in BSE at Rs. 155.05 as compared to the previous close of Rs. 154.35. The total number of shares traded during the day was 313412 in over 3167 trades.

The stock hit an intraday high of Rs. 157.5 and intraday low of 152.5. The net turnover during the day was Rs. 48687125.

Source : Equity Bulls

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