NIRLON LTD Dividend 2024, Record Date, Share Price, History

What Is a Dividend?

News: Before we dive into the specifics, let’s understand what a dividend is. In simple terms, a dividend is a portion of a company’s profits that it shares with its shareholders. It’s like a little bonus for being part of the company!

NIRLON LTD: Who Are They?

NIRLON LTD is a company in the textiles industry. They make manmade fabrics and materials. Think of them as the creative minds behind the clothes you wear – from comfy T-shirts to stylish dresses.

The Exciting News: Dividend for 2024

So, what’s the buzz about NIRLON LTD’s dividend in 2024? Well, they’ve declared an equity dividend of 260.00%! That’s a fancy way of saying they’re giving back a whopping Rs 26 per share to their shareholders. Imagine getting Rs 26 for every share you own – not bad, right?

Record Date: February 23, 2024

Now, let’s talk dates. NIRLON LTD has fixed February 23, 2024, as the record date for this dividend. What’s a record date, you ask? It’s like a snapshot day. If you own NIRLON LTD shares on that day, you’re eligible for the dividend. Mark it on your calendar!

Share Price and History

As of now, NIRLON LTD’s share price is Rs 1.40. Remember, share prices can go up and down like a seesaw at the playground. But with this juicy dividend, shareholders have something to smile about.

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About NIRLON LTD :

Nirlon Limited, a publicly listed company, has been a significant player in the Indian business landscape since its inception on March 12, 1958. Headquartered in Mumbai, Maharashtra, Nirlon operates as a public limited company. Let’s delve into the key details about this company:

Corporate Profile:

1. Company Name: Nirlon Limited

2. Incorporation Date: March 12, 1958

3. Location: Mumbai, Maharashtra

4. Classification: Public Limited Company

Financial Snapshot:

1. Authorized Share Capital: INR 150.00 crore

2. Total Paid-up Capital: INR 90.12 crore

Industry Presence:

Nirlon Limited has made its mark across various sectors, contributing to India’s economic growth. While the company’s primary operations are centered in Mumbai, its impact extends beyond regional boundaries.

NIRLON LTD is spreading the dividend love in 2024. If you’re a shareholder, get ready to receive your piece of the pie. And if you’re not, well, maybe it’s time to consider joining the NIRLON LTD family!

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