Morganite Crucible (India) Ltd, a BSE-listed company, has announced a massive dividend payout and fixed its record date. Although the penny stock in the metal segment witnessed selling pressure on Monday, November 18, 2024, Morganite's all-time gains are humungous by more than 20,445%. Currently, the stock price is near Rs 1,700 levels.
Morganite Crucible (India) Share Price:
After market hours of November 18, Morganite Crucible (India) share price ended at Rs 1701.45 apiece, down by 2.2% on BSE, with a market cap of Rs 952.81 crore. The stock's 52-week high and low is at Rs 1,964 apiece and Rs 1,293.60 apiece respectively.
YTD, the stock has surged by over 6% on BSE so far. Meanwhile, the stock rallied by 121% in 5-years, becoming a multi-bagger. But the stock skyrocketed by a whopping 20,445.45% in the longest run. The stock once upon a time stood at Rs 8.25 per share on July 14, 1995.
Morganite Crucible (India) Dividend:
The company fixed Tuesday, November 26, 2024, as the record date to determine the Members eligible for interim dividend on equity shares declared by the Board of Directors.
The interim dividend of Rs. 30 /- per equity share will be paid to those members whose names appear in the Register of Members of the company/ List of Beneficial Owners as received from the National Securities Depository Limited ("NSDL") and Central Depository Services (India) Limited ("CDSL") as on the 'Record Date' i.e November 26, 2024, as per the filing.
This will be the second dividend by Morganite in over four months. In 2024, earlier, the company delivered up to Rs 12 dividend per share.
On its website, Morganite Crucible has advised its security holders about the tax payout on dividend benefits.
The Sebi guidelines dated November 03, 2021 (subsequently amended by circulars dated December 14, 2021, March 16, 2023 and November 17, 2023) mandated that the security holders (holding securities in physical form), whose folio(s) do not have PAN or Choice of Nomination or Contact Details or Mobile Number or Bank Account Details or Specimen Signature updated, shall be eligible for any payment including dividend, interest or redemption in respect of such folios, only through electronic mode with effect from April 01, 2024, upon their furnishing all the aforesaid details in entirety.
In case of non-updation of PAN or Choice of Nomination or Contact Details or Mobile Number or Bank Account Details or Specimen Signature in respect of physical folios, dividend/interest etc. shall be paid only through electronic mode with effect from April 01, 2024, upon furnishing all the aforesaid details in entirety.
If a security holder updates the PAN, Choice of Nomination, Contact Details including Mobile Number, Bank Account Details and Specimen Signature after April 01, 2024, then the security holder would receive all the dividends/interest etc. declared during that period (from April 01, 2024, till date of updation) about the securities held after the said updation automatically.
About Morganite Crucible (India):
Morganite Crucible (India), formerly Greaves Morganite Crucible, is a subsidiary of Morgan Advanced Materials plc.
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