Rs 6.50/Share Dividend: Multibagger Small Cap Chemicals Stock Fixes Record Date

Small cap stock from the chemicals sector, Tanfac Industries Ltd on September 5, 2023 fixed September 20, 2023 as the record date for the payment of dividend of Rs 6.50 per equity share of the face value of Rs 10 each for the financial year 2023. Tanfac Industries stock delivered shareholders return of 103% YTD and 23,520% in last 10-years. Check details below:

Tanfac Industries Stock Outlook & Return: According to the regulatory filing of Tanfac Industries dated September 5, 2023, "For the aforesaid purpose, the company has fixed Wednesday, 20th September, 2023 as the cutoff date to determine the entitlement of voting rights of members for e-voting and payment of Dividend of 65% i.e., Rs.6.50/- per equity share of face value of Rs. 10/- each for the financial year 2022-23. Dividend, if declared, will be paid to eligible shareholders on or before 24th October 2023."

Tanfac Industries Stock Performance & Return: Last trading price of Tanfac Industries share is Rs 1835.30 per share on BSE with intraday fall of 2.26% as on September 5, 2023. Its 52-week high price is quoted at Rs 2055.00 per share and 52-week low price is quoted at Rs 581.00 per share, respectively. Tanfac Industries has a market capitalisation of Rs 1830.71 crore. Tanfac Industries shares offered shareholders return of 193% in last 1-year, soared 249% in last 2-years, gained 885% in last 3-years, and witnessed a massive rally of 23,520% in last 10-years.

Tanfac Industries Financials: The company for the quarter ended June 30, 2023 announced a fall of 10.78% in its standalone total income at Rs 108.70 crore as against its last quarter total income of Rs 121.82 crore. It announced its latest quarter net profit after tax at Rs 18.39 crore.

Tanfac Industries About: Tanfac Industries Ltd is a joint sector company promoted by Anupam Rasayan India Limited and Tamil Nadu Industrial Development Corporation (TIDCO). The manufacturing facilities are spread over 60 acres in the chemical complex of SIPCOT Industrial Estate, Cuddalore. Cuddalore is 20 KM South of Pondicherry, about 200 KM south of Chennai, India. The company began commercial production in March 1985 and is amongst the leading producers of Hydrofluoric Acid and its derivatives.

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