4:1 Bonus Issue, 1:10 Stock Split: Electrical Co Issues Record Date, Rs 100/Sh Dividend Next

Small cap electrical equipment company Kaycee Industries Ltd share today hit upper circuit on BSE as it fixed record date for 1:10 stock split and 4:1 bonus share. Kaycee Industries has a market capitalisation of Rs 335.00 crore. Kaycee Industries shares offered attractive return of 197% in last 3-months only and zoomed 1357% in last 2-years. The Board of Directors of Kaycee Industries on May 28, 2024 recommended final dividend of Rs 60/share and special dividend of Rs 40/share. Check details below:

Kaycee Industries Sets Record Date For Bonus Share, Stock Split: As per the regulatory filing of Kaycee Industries issued as on June 18, 2024, in terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, as amended, we wish to inform you that the Company has fixed the Record date as July 06, 2024 for 1:10 stock split and 4:1 bonus issue.

Earlier, Kaycee Industries on May 28, 2024 approved 4:1 bonus share which implies shareholders will be eligible to receive 4 bonus shares for every 1 share held as on the record date. The company will also sub-divide its share in the proportion of 1:10 to make the stock affordable.

Kaycee Industries Ltd Share Performance: Last trading price of Kaycee Industries share on BSE is Rs 52,780.50 per share. The 52-week high price of Kaycee Industries shares on BSE is Rs 52,780.50 per share (as on 18/06/2024) and 52-week low price is Rs 10,400.00 per share (as on 26/10/2023), respectively. Kaycee Industries shares offered returns of 185% year-to-date, soared 326% in last 1-year, and gained 1308% in last 3-years.

Kaycee Industries Dividend History: Kaycee Industries announced 16 dividends since September 27, 2007. In last 1-year, Kaycee Industries announced an equity dividend amounting to Rs 60.00 per share. At the current share price of Rs 52780.50, Kaycee Industries offers a dividend yield of 0.11%.

About: Kaycee Industries Limited is engaged in the manufacturing and trading of electrical equipment in India. It offers rotary, micro, toggle, cam, limit, rotary toggle, breaker control, new cam, and relay switches; stroke, measuring machine, senior revolution, universal, and road measure counters; water meters; time, digital time, and mini time totalizers; and lugs, timer, digi count, PB and lamps, submirsible cables, and earthing devices, among others. Kaycee Industries also exports its products. It came into existence in 1942 and is based in Mumbai. Kaycee Industries Limited is a subsidiary of Salzer Electronics Limited.

Disclaimer: The stock highlights the dividend, stock split, Bonus share and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.