Shares of Taparia Tools hit upper circuit during Monday’s intraday trading session ahead of the dividend record date. The penny stock under ₹20 has announced ₹40 per share dividend for financial year 2026-27.
The stock has delivered 70.38% return in three months, but it has declined 35.39% over the last six months. As the record date for dividend approaches, here are all the details to know.
The company’s board of directors announced ₹40 per equity share with a face value of ₹10 each for its eligible shareholders. Which means that the company has announced a 400% dividend of the stock’s face value.
“The Board of Directors of the Company has inter-alia considered to pay the Interim Dividend @ 400% (i.e. Rs. 40/- per share of Rs. 10/-each) from the Distributable Profits for the period from 01.04.2026 to 30.09.2026,” read the company’s BSE filing.
The board of directors has fixed Thursday, November 12, as the record date to determine the eligibility of shareholders for the payout. Which means that investors must own the stock before the record date to become eligible for the corporate actions.