Rekha Jhunjhunwala portfolio stock is in focus as the stock is trading at ex-dividend today

Informing the Indian markets about the record date of interim dividend payment, Metro Brands said, “As per Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors at its Board meeting held today i.e. Tuesday, the 17th January, 2023, fixed January 28, 2023 as the “Record Date” for the purpose of ascertaining the eligibility Is. For payment of interim dividend for the financial year 2022-23 to the shareholders.”

In a previous exchange communication, this Rekha Jhunjhunwala-backed company informed about the interim dividend payment, “Pursuant to the provisions of Regulation 43 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Board of Directors of the Company at its meeting held today i.e. Tuesday, the 17th January, 2023 has declared an Interim Dividend of Rs.2.50 per Equity Share on face value (subject to deduction of TDS) FY 2022- Paid-up Equity Shares of Rs.5/- each for 23. Further, it is informed that January 28, 2023 will be treated as the ‘Record Date’ for the purpose of ascertaining the eligibility of shareholders. For payment of interim dividend for 2022-23. The date of payment of aforesaid interim dividend shall be within 30 days from the date of declaration.”

Rekha Jhunjhunwala’s stake in Metro Brands

As mentioned above, Metro Brands shares are one of the Rekha Jhunjhunwala portfolio stocks. According to Metro Band’s shareholding data for the October to December 2022 quarter, Rekha Jhunjhunwala holds 3,91,53,600 Metro brand shares or 14.40 per cent of the total paid-up capital of the company.

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