Multibase India Dividend Record Date: A microcap stock priced below Rs 500 closed 18.6 percent higher on Tuesday. In fact, this stock will soon trade on the ex-date for the highest-ever dividend payment. In the last 5 trading sessions, this stock has gone up 64.4 percent. Similarly, since November 13, the stock has gained 71.5 percent. In 2024, it has gained 100.5 percent so far.

Dividend of Rs 53 (Multibase India Dividend)

Microcap company Multibase India had announced a 530 percent dividend payment for its shareholders. At the current face value of Rs 10, the dividend works out to Rs 53 per share. In a regulatory filing, Multibase India announced that the board has recommended an interim dividend of Rs 53 per equity share with a face value of Rs 10 (Rupees ten only) for the financial year 2024-25.

What is the record date (Multibase India Dividend Record Date)

Multibase India has fixed November 27 as the record date for paying dividends. Those who hold shares on this day will be eligible to receive dividends. The company will make the payment of this dividend by December 12.

Started in 1991 as Synergy Polymers Limited, Multibase India has grown tremendously over the years. The company, which manufactures thermoplastic elastomers and silicone-based products, changed its name to Synergy Multibase Limited in 2002 and finally to Multibase India Limited in 2007.