24-06-2025
300% rally in five years! Multibagger metal stock declares record date for dividend payment
Stock Market Today: After a 300% rally in five years, this Multibagger metal stock has declared a record date for dividend payment. Check details about Ratnamani Metals & Tubes Ltd
Ratnamani Metals & Tubes intimated the exchanges on Tuesday, 24 June 2025, the record date for the purpose of the 41st Annual General Meeting of the Company and to determine the eligibility of the members of the Company for e-voting and the payment of dividends.
As per the release by Ratnamani Metals & Tubes on the National Stock Exchange of India and the BSE Ltd., or the Bombay Stock Exchange, the record date for the purpose of the 41st Annual General Meeting on Tuesday, September 9, 2025, e-voting, and payment of dividend, if declared, at the AGM, stands on Tuesday, September 2, 2025.
At its May 16, 2025, meeting, Ratnamani Metals & Tube's board of directors proposed paying shareholders a dividend of Rs. 14.00 per equity share, with a face value of Rs. 2.00 each, for the fiscal year that concluded on March 31, 2025.
In light of the T+1 settlement method, the record date suggests that investors who want to benefit from Ratnamani Metals & Tube dividend announcements "should have purchased shares at least one day prior to the record date in order for their names to appear on the list of eligible shareholders to receive dividends."
Ratnamani Metals & Tube share price movement
Ratnamani Metals & Tube share price opened at ₹ 2786.70 on the BSE on Tuesday. At the time of opening, the Ratnamani Metals & Tube share price was slightly lower than the previous day's closing price of ₹ 2810.30. The Ratnamani Metals & Tube share price thereafter gained to intraday highs of ₹ 2817.
The Ratnamani Metals & Tube share price, which has risen close to 300% in the last 5 years, has given Multibagger returns to the investors.
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