BCL Industries Ltd Board recommends Dividend of Rs. 3

The Board of Directors of BCL Industries Ltd at its meeting held on May 27, 2022, has recommended an equity dividend of Rs. 3/- per share of face value of Rs. 10/- each i.e. @ 30% for the financial year ended March 31, 2022, on 9331173 Equity Shares belonging to Public Category (i.e. Excluding the shares upon which the Promoters have waived/forgone his/their right to receive the dividend by him/them for financial year 2021-22), which shall be subject to declaration of the same by the Members at the 46th AGM of the Company. The Dividend, if declared at the AGM, shall be paid to the shareholders within 30 days of declaration of the same at the ensuing Annual General Meeting.

The above Final Dividend recommended by Board is in addition to the Interim Dividend of Rs. 2/- per share declared by the Board for the year 2021-22 on March 10, 2022. With the final dividend, if declared and paid, the total dividend for the year 2021-22 will be 50% of the face value of the share.

Shares of Bcl Industries Limited was last trading in BSE at Rs. 385.05 as compared to the previous close of Rs. 366.80. The total number of shares traded during the day was 8884 in over 234 trades.

The stock hit an intraday high of Rs. 385.10 and intraday low of 369.00. The net turnover during the day was Rs. 3384577.00.

Source : Equity Bulls

Keywords

BclIndustries INE412G01016 Dividend FY2022