Bonus Inventory: Automotive elements, seats and Agricultural Equipments World Producer SAL Automotive Restricted has introduced bonus shares. It would give shareholders as 1 new share bonus on each 1 inventory with them. Below the bonus difficulty, 23,97,713 bonus shares of Rs 10 face worth shall be distributed. The document date for bonus difficulty is 3 April 2025. By this date, the shareholders whose names shall be within the information of the Register of Members of the Firm or Depositors because the beneficiary house owners of the shares shall be entitled to the bonus shares. The date of allotment of the bonus shares is April 4, 2025. These shares shall be eligible for buying and selling from April 7. The previous title of SAL Automotive Restricted was Swaraj Automotives Restricted. In 1974, the corporate began within the title of Punjab Scooters Restricted and ‘Vijay Kesari’ scooter manufacturing. Sal Automotive’s share bounted 17 % in 2 weeks in 2 weeks, the information firm shares closed at Rs 639.20 on March 28. The market cap is Rs 150 crore. The inventory has gained 38 % within the final one 12 months and 28 % in a month. The worth has risen 17 % in 2 weeks. The 52 -week excessive of the inventory is Rs 884.40, which was seen on 6 September 2024. The 52 -week low of Rs 439 was recorded on 5 June 2024. The corporate had a 75 % stake within the firm by the tip of December 2024. It gave a ultimate dividend of Rs 4.50 per share for FY 2024. Revenue within the September quarter Rs 1 crore-October-October 2024 The income of Sal Automotive was Rs 95 crore on the standalone foundation and Rs 1.40 crore. Earnings recorded Rs 5.84 crore per share. In FY 2024, the corporate’s standalone foundation was Rs 307.52 crore, web revenue of Rs 5.10 crore and earnings have been Rs 20.21 crore per share. Dividend Inventory: The corporate will give a dividend of ₹ 25 on each share, the document date Disclaimer: Right here info is being supplied right here. It’s essential to say right here that the funding market out there is topic to dangers. All the time seek the advice of consultants earlier than investing cash as an investor. There’s by no means recommendation to anybody to speculate cash on behalf of Moneycontrol.
