Dolly Khanna portfolio: Deepak Spinners shares are one of many bear-ridden Dolly Khanna shares. This BSE-listed inventory has fallen 11 per cent in final one month whereas it has tumbled greater than 21 per cent in 2022. Nonetheless, Deepak Spinners share value at the moment bounced again strongly and surged greater than 9 per cent as the corporate gears for finalisation of eligible shareholders for fee of 25 per cent dividend on twenty second June 2022. This Dolly Khanna-backed firm has introduced a dividend of ₹2.50 per fairness share for FY22. The Dolly Khanna share at the moment opened with an upside hole of close to ₹4.50 per share on BSE and went on to hit intraday excessive of ₹219 per fairness share.
Deepak Spinners Ltd knowledgeable BSE about dividend fee in an change communication citing, “Please seek advice from our letter dated twenty fifth April 2022, informing you about assembly of the Board of Administrators of the Firm to be held on Tuesday, the tenth Might 2022, That is to tell you that the Board at its assembly held at the moment has really useful a dividend of ₹2.50/- (Rupees Two and Fifty Paise Solely) per fairness share of Rs. 10/- every equal to 25% (Twenty 5 P.c) on paid up fairness share capital of the Firm for the yr ended on thirty first March 2022. The dividend might be topic to approval of the shareholders within the ensuing Annual Normal Assembly of the Firm.”
As per the knowledge accessible on BSE web site, the Dolly Khanna-backed firm has mounted file date for dividend fee on twenty second June 2022.
Deepak Spinners share value historical past
Deepak Spinners share value has been underneath sell- off warmth after climbing to its 52-week excessive of ₹464.85 ranges in August 2021. Nonetheless, the bear-ridden inventory gave massive upside swing at the moment and surged greater than 9 per cent from its shut value on Monday.
Dolly Khanna shareholding in Deepak Spinners
As per shareholding sample of Deepak Spinners for Q4FY22, Dolly Khanna owns 1,01,781 shares, which is 1.42 per cent of whole paid-up capital of the corporate.
Supply: Live Mint