ASM Technologies Limited is a small cap company in the IT software industry with a market valuation of Rs. 581.24 crores. ASM is one of India’s most trusted companies in the technology services sector, providing excellent solutions for engineering and product development. ASM Technologies Limited is an Indian firm that is publicly listed and has worldwide operations in the United States, Singapore, the UK, Canada, Mexico and Japan. With over 20 years of expertise, ASM provides top-notch consulting and product development services in the fields of engineering services and product R&D. For its international clients, ASM has established successful offshore development and support centers in India and other countries. For the financial year 2022-2023, the board has declared an interim dividend of Rs. 1.00 per equity share. 10/- each. The company had specified 17 August 2022 as the record date for the same. Let investors know that the company has changed its record date.
On August 14, the company said in a regulatory filing that “this is with reference to the letter dated August 6, 2022, notifying the record date set by the board of directors for the purpose of determining the equity shareholders entitled to receive interim dividend.” For the year 2022-2023. In compliance with Regulation 42(4) of SEBI (LODR), the company is required to maintain a gap of 7 working days between the intimation and the record date and hence we would like to inform the Stock Exchange that The new record date for the purpose of determining the equity shareholders who are entitled to receive interim dividend for the year 2022-23 of the Company is Friday, August 19, 2022.”
Shares of ASM Technologies Limited on Friday closed at Rs. 539.95 per share, down 3.56 per cent from the previous close of Rs. 559.90. share price climbed 49.03 on August 18, 2017, at the level now, representing a multibagger return of 1,01.26% over the past five years. The stock also delivered a multibagger return of 129.37% in the past year, but YTD, it has dropped 26.62% in 2022.
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