Consumer Durable Stock To Declare Dividend & Q4 Results Next Week: Do You Own?

Rushil Decor a consumer durable company has announced that its Board of Directors are scheduled to meet next week to discuss and approve dividend and financial results for the quarter and financial year ended 31st March 2024. Post the announcement, the shares of Rushil Decor opened higher today at Rs 310.05 apiece and surged 7.42% to trade at Rs 330 during the afternoon deals.

"This is to intimate that a meeting of the Board of Directors of the Company "Rushil Decor Limited" is scheduled to be held on Thursday, 09th May, 2024, inter alia, to: 1. Consider, approve and take on record the Audited Financial Results for the fourth quarter and year ended 31st March, 2024 and: 2. Consider the proposal for Recommendation of Dividend on the equity shares of the Company for the financial year ended 31st March, 2024," said Rushil Decor in a regulatory filing.

"Further, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons, the Trading Window for dealing in shares of the Company has already been closed with effect from 1st April, 2024 and will be reopened on 11th May, 2024, -i.e., after expiry of 48 hours of submitting the above referred Financial Results of the Company to the Stock Exchanges on 09th May, 2024," the company further informed the stock exchanges.

"Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Earnings Conference Call with analyse investors is, scheduled on Thursday, May 09, 2024 at 04.00 PM (1ST) in relation to the Audited Financial Results for the Quarter and Financial Year ended March 31, 2024 (Q4FY23-24 Results). The Schedule of the above Concall / Investor Meeting is subject to change. The change may happen due to exigencies on the part of AnalysU Investor/ Company," Rushil Decor said in a separate exchange filing on Thursday.

Rushil Décor Limited, which was founded in 1993, is a market leader in India for decorative high-pressure laminates and has operations in more than 51 nations worldwide. The company is currently among the largest manufacturers of laminates and related products in India.

The stock made a 52-week-high of Rs 406.70 on (24/11/2023) and a 52-week-low of Rs 243.95 on (31/05/2023).