Rs 2/Share Dividend: FMCG Stock Sets Dec 22 As Record Date, Gains 368% In 3-Yrs

Small cap FMCG sector stock Kovilpatti Lakshmi Roller Flour Mills Ltd on Thursday fixed December 22 as the record date for dividend of Rs 2/- (Rupees Two only) per equity share having a face value of Rs.10/- for the financial year ended 31st March, 2023.

Last trading price of Kovilpatti Lakshmi Roller share BSE is Rs 181.75 apiece with intraday gain of 0.86%. Kovilpatti Lakshmi Roller shares hit 5% lower circuit on November 20, 2023. Check details below:

Kovilpatti Lakshmi Roller Sets Record Date For Dividend: As per the BSE filing of the company issued as on November 23, 2023, "The Board of Directors has recommended a dividend of Rs.2/- (Rupees Two only) per equity share having a face value of Rs.10/- for the financial year ended 31st March, 2023. The dividend, if approved by the shareholders at the ensuing 61st Annual General Meeting, will be paid to those shareholders whose names appear in the register of members / list of beneficial owners as on the Record Date within the prescribed time, after deducting
applicable TDS.

The Record date for determining the members eligible to receive the aforesaid dividend will be Friday, 22nd December, 2023 ("Record Date")."

Kovilpatti Lakshmi Roller Stock Performance & Return: The stock's 52-week high price is Rs 237.80 per share and 52-week low price is Rs 86.50 per share, respectively. The company has a market capitalisation of Rs 100.72 crore. Kovilpatti Lakshmi Roller shares declined over 6% in last 1-month, gave return of 48% YTD, soared 37% in last 1-year, offered rally of 128% in last 2-years, and surged 354% in last 5-years.

Kovilpatti Lakshmi Roller About: Kovilpatti Lakshmi Roller Flour Mills Limited (formerly KLRF Limited) was established in 1964, and is one of the pioneers of post-independence industrialisation in India. Today, it serves millions of customers across the states of Tamil Nadu and Kerala. From humble beginnings as a flour mill, its businesses have expanded to include two engineering units; Cast Iron Foundry & Sheet Metal Fabrication. In 1995, it added a renewable energy business unit (KLRF Windmills) to help us achieve its goals of becoming carbon-neutral soon.

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