Small-cap stock sets record date for 100% dividend payment. Details here

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₹45 per share, which is same as the current share price. Also read: Indian stock market to remain closed on May 20 amid Lok Sabha elections in Mumbai “After thorough discussions and careful consideration of the company's financial performance, the Board of Directors has unanimously considered and declared Interim Dividend of 100%. The interim dividend shall be paid within 30 days from the date of its declaration.

This decision reflects our confidence in the company's robust financial health and our commitment to rewarding our valued shareholders for their steadfast support and trust," the company said in an exchange filing on April 8. The announcement of this dividend aligns with Gujarat Toolroom's strong order book, valued at ₹3000 crores, comprising contracts from domestic and international markets. With a diversified portfolio covering infrastructure, mining, gemstones, and precious metals, the company is strategically positioned for continuous growth and maintaining market leadership.

Founded in 1983, Gujarat Toolroom Limited is a versatile business conglomerate involved in various sectors including Mining, Precious Gems & Metal Trading, Infrastructure Development, and Import-Export of Industrial supplies. Following a period of dormancy, the company underwent a remarkable resurgence in 2022 under new management, propelling it into a phase of substantial expansion and prosperity. This transformative change heralds a new era of success for the company.