Largecap NBFC Shriram Finance approves share split plan; announces Q2 results and 220% interim dividend | Check details

Shriram Finance banal split, Q2 July-September 4th results, interim dividend: Large headdress non-banking concern institution (NBFC) contiguous (Friday, October 25, 2024) announced banal divided 5:1 successful its Board meeting, wherever it besides announced its 2nd 4th (Q2, July-September quarter) results.  

The institution said the banal divided is 5:1, i.e. 5 (five) afloat paid equity shares of look worth of Rs 2 (Rupees Two Only) each for each 1 (One) afloat paid equity stock of look worth of Rs 10/- (Rupees Ten Only) each held by members of the company.

Interim dividend 

Shriram Finance besides declared an interim dividend of 220 per cent i.e. Rs.22/- per equity stock of look worth Rs 10/- each afloat paid up for the Financial Year 2024-25

Record date

The institution says it volition beryllium paid to those members whose sanction appears successful the Register of Members of the institution arsenic connected Thursday, November 7, 2024, being the grounds date. 

The interim dividend payout volition beryllium made to eligible shareholders connected oregon earlier Sunday, November 24, 2024, says the company.

Shriram Finance stock terms history

The banal of the NBFC institution ended the trading league connected BSE connected Friday little by 3.81 per cent, oregon Rs 123.45, astatine Rs 3,117.95.

Shriram Finance's banal has jumped by 71.55 per cent successful the 1-year clip frame.

Benchmark Nifty 50, meanwhile, has risen by 26.45 per cent during the aforesaid period.