Kama Holdings shares are making headlines these days due to developments regarding dividend payments for the fiscal year 2022-23. The dividend paying stock has set the 30th of August 2022 as the record date for determining eligible shareholders for dividend payment, but the company’s board of directors has yet to consider and approve dividend payment. Kama Holdings Limited has informed the BSE that its board of directors will consider and approve a proposal for interim dividend payment at its meeting on August 22, 2022.
If declared, the Interim Dividend would be paid to members whose names appear on the Register of Members and beneficial owners as of the Record Date, Tuesday, August 30, 2022, as per details received from National Securities Depository Limited and Central Depository Services (India) Limited.
“Pursuant to the Code of Conduct to Regulate, Monitor, and Report Trading by Insiders framed in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the window for trading in the shares of the Company by the Designated Persons & Directors will be closed from Wednesday, August 17, 2022, to Wednesday, August 24, 2022 (both days inclusive),” Kama Holdings stated.
As have been said, Kama Holdings shares are one of the multibagger stocks produced by the Indian stock market in recent years. In the last year, this stock has returned just over 30%, but in the last two years, it has risen from around ₹5,325 per share levels to ₹12,300 per share levels, returning around 130% to its shareholders. This multibagger stock has risen from around ₹2700 to ₹12,300 in the last five years, yielding a near 350% return.
