Vijay Kedia, Ashish Kacholia Portfolio Stock Trades Ex-Dividend: Amount Details
By Malvika Gurung
Investing.com — Shares of the multinational electronic retailer Vaibhav Global (NS:) began trading ex-dividend on Friday, on the record date of its third interim dividend of 75% for the financial year 2022-23.
The small-cap company’s Board of Directors declared a 3rd Interim Dividend of Rs 1.5/share having a face value of Rs 2 each, for FY23, while releasing the earnings results for the December quarter last week.
Vaibhav Global also manufactures fashion jewellery and lifestyle accessories. Its Board set a record date for determining the eligible shareholders for the interim dividend as Friday, Feb 3.
The corporate reward will be paid or dispatched to eligible equity shareholders of the company within 30 days from the date of declaration, the small-cap company said to the stock exchanges.
Further, in addition to the aforementioned interim dividend of Rs 1.5/share, aggregating to a 75% dividend, the company has declared and paid interim dividends worth Rs 3/share so far in FY23, taking the total dividend declared by Vaibhav Global in the current 9-month period to Rs 4.5/share.
Two ace investors Ashish Kacholia and Vijay Kedia own up to 2% stakes in the electronic retailer stock as of Dec 31, 2022.
According to the latest shareholding pattern of the company, Ashish Kacholia holds 20 lakh equity shares of Vaibhav Global, translating to a 1.21% stake, while Vijay Kedia owns 32.1 lakh shares of the company, aggregating to a 1.95% stake in it.
