Monte Carlo Fashions Dividend Record Date 2022: This Dolly Khanna multibagger stock jumped nearly five per cent as the stock turned ex-dividend on Tuesday. Stock of the company catering to garments and apparels jumped 4.7% to Rs 872.10 per share in BSE intraday trade on Tuesday.
Multibagger Monte Carlo Fashions, one of the stocks in Dolly Khanna portfolio as per June’22 shareholding pattern of the company, is an apparel retailer and manufacturer of woolen and cotton garments for men, women and kids.
Monte Carlo Fashions: A multibagger stock
Monte Carlo Fashions is a multibagger stock which has clocked almost 160% return in one year and gained around 75% in the past six months. Monte Carlo Fashions share price surged over 350% in the last two years.
Monte Carlo Fashions Dividend Record Date 2022
Launched in 1984 by Oswal Woolen Mills Ltd, Monte Carlo Fashions Ltd has declared an equity dividend of 200.00% amounting to Rs 20 per share for the eligible shareholders. The apparel stock started trading ex-dividend from Tuesday (September 20). Monte Carlo Fashions dividend record date 2022 to ascertain eligibility of shareholders is September 21, 2022.
“The Board of Directors has “Recommended a final dividend of ₹20/-(Rupees Twenty Only) per Equity Share (i.e. 200%) having Face Value of ₹10/- (Rupees Ten Only) each for the Financial Year 2021-2022. The Final Dividend will be paid after approval of the Shareholders at the ensuing Annual General Meeting of the Company,” it had said in a regulatory filing.
Dividend on Equity Shares as recommended by the Board, if approved at the ensuing Annual General Meeting shall be paid to those members whose names will appear in the Register of Members as on Wednesday, September 21, 2022 and Register of Beneficial Owners maintained by the depositories at the close on that date, it had said.
Dolly Khanna portfolio
The Chennai-based investor holds 369,032 shares or 1.8% stake in Monte Carlo Fashions Ltd for the quarter ending June 2022, as per BSE shareholding pattern of the company. This was one of the fresh additions made by the celebrity investor in the recently concluded quarter. Dolly Khanna publicly holds 26 stocks as per the latest corporate filings. The value of these stocks has been pegged at a little over Rs. 589.7 crore by stock market analysis platform trendlyne.com.
Sandur Manganese dividend 2022
Sandur Manganese and Iron Ores, another stock which saw the ace investor pulling down her stake to below one per cent in June 2022 also turned ex-dividend today. Sandur Manganese and Iron Ores has announced a final dividend of Rs 5 per share for eligible shareholders.