Universal Cables Ltd recommends dividend of Rs. 3

The board of directors of Universal Cables Ltd has recommended Dividend of Rs. 3.00 per share (i.e. 30%) on 3,46,95,381 equity shares of face value of Rs. 10/- each of the Company for the financial year 2022-23, subject to the approval of the Shareholders in the ensuing Seventy-Eighth (78th) Annual General Meeting of the Company. Upon approval of the Shareholders, the dividend declared will be paid within thirty (30) days of declaration, subject to deduction of applicable Tax at Source as per the provisions of Income Tax Act, 1961 and rules made thereunder.

Shares of Universal Cables Limited was last trading in BSE at Rs. 403.85 as compared to the previous close of Rs. 416.55. The total number of shares traded during the day was 1731 in over 209 trades.

The stock hit an intraday high of Rs. 429.70 and intraday low of 392.75. The net turnover during the day was Rs. 718456.00.

Source : Equity Bulls

Keywords

UniversalCables INE279A01012 Dividend FY2023