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Magma Fincorp Ltd Recommends Dividend On Equity Shares And Preference Shares


Wednesday, 8 May 2013 07:20am EDT 

Magma Fincorp Ltd announced that it has proposed dividend on equity shares at 40% i.e. INR 0.80 per Equity Share of the face value of INR 2 each. The Company also proposed dividend on preference shares; 9.7% INR 9.70 pro-rata per share dividend on 2,109,199 Cumulative Non-Convertible Redeemable Preference Shares (CNCRPS) of INR 60 each for the period from April 01, 2012 to February 17, 2013 and 9.7% on 2,109,199 CNCRPS of INR 40 each for the period from February 18, 2013 to March 31, 2013; 5% i.e. INR 5 per share dividend on 3,000,000 CNCRPS of INR 100 each; 3.76% i.e. INR 3.76 per share dividend on 6,500,999 CNCRPS of INR 100 each for the period from April 01, 2012 to April 03, 2012 and 3.76% i.e. INR 3.76 per share dividend on 6,500,999 CNCRPS of INR 80 each for the period from April 04, 2012 to March 31, 2013; 12% i.e. INR 12 per share dividend on 2,500,000 CNCRPS of INR 100 each;9.6% i.e. Rs. 9.60 per share dividend on 1,000,000 CNCRPS of INR 100 each; 1% i.e. INR 1 pro-rata per share dividend on 21,09,199 CNCRPS of INR 80 each for the period from April 01, 2011 to February 17, 2012 and 1% on 2,109,199 CNCRPS of INR 60 each for the period from February 18, 2012 to March 31, 2012; 11% i.e. INR 11 pro-rata per share dividend on 3,600,000 CNCRPS of INR 100 each for the period from November 12, 2012 to March 31, 2013. 

Company Quote

129.5
1.25 +0.97%
19 Sep 2014