Multibagger Stock declared ₹65 Special Interim Dividend. check date of record

“We would like to inform you that the Board of Directors of the Company in its meeting held on August 13, 2022 has approved the Special Interim Payment. Dividend of 65 per equity share (650%) and as per regulation 42 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, for the purpose of ascertaining the shareholders, Thursday, 25th August, 2022 as the ‘record date’ Is. eligible for receipt of special interim dividend,” the company informed in an exchange filing.

Forbes & Company Limited, formerly known as Forbes Gokak Limited, is part of the Indian conglomerate. Shapoorji Pallonji Group and operates with a diversified portfolio that includes engineering, industrial automation, consumer durables (water and air products), chemical tankers and real estate. Forbes and the company’s shares have given multibagger returns of 210% in a period of one year, from 207 level in August last year on BSE, currently trading above 750 per.

Earlier this month, the company’s board of directors approved, in principle, a proposal to enter into a joint venture with MACSA ID to provide innovative laser marking and traceability solutions for a full range of metals and non-metals. Gave. Forbes & Co said in an exchange filing that both the company and Maca ID propose to set up a joint venture company with equal participation.

MACSA ID is one of the 4 leading companies in the field of Marking and Traceability internationally and provides comprehensive solutions for the Food, Beverage, Pharmaceutical, Health Care, Cosmetics, Industrial Engineering Sectors including Automotive, Aeronautics, Defence, Construction Areas included. MACSA ID is recognized in technological innovation in lasers for marking and coding.

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