The Company has an uninterrupted track record of rewarding the Shareholders by way of dividend, right from the date of allotment of shares in its IPO during the financial year 1977-78, as shown below:-
Year
Rs.per share
%
Remarks
1977-78
1.20
12
Pro-rata
1978-79
1.20
12
1979-80
1.20
12
1980-81
1.50
15
1981-82
1.50
15
1982-83
1.50
15
Post Bonus Issue
1983-84
2.50
25
1984-85
2.50
25
1985-86
3.50
35
1986-87
3.50
35
Post Bonus Issue
1987-88
2.00
20
9 months
1988-89
3.50
35
1989-90
4.00
40
1990-91
2.50
25
Post Bonus Issue
1991-92
2.50
25
1992-93
2.50
25
1993-94
3.00
30
1994-95
3.50
35
1995-96
4.00
40
1996-97
4.00
40
1997-98
2.00
20
Post Bonus Issue
1998-99
2.00
20
1999-2000
2.00
20
2000-01
1.00
10
2001-02
1.00
10
2002-03
0.60
6
2003-04
2.00
20
2004-05
2.50
25
2005-06
4.50
45
2006-07
3.00
30
2007-08
6.00
60
2008-09
5.50
55
2009-10
5.50
55
2010-11
9.00
90
2011-12
1.00
10
2012-13
20.00
200
2013-14
25.00
250
2014-15
30.00
300
2015-16
30.00
300
2016-17
30.00
300
2017-18
33.00
330
2018-19
33.00
330
2019-20
50.00
500
2020-21
50.00
500
Bonus History
The Company has rewarded its Shareholders by way of liberal Bonus Shares as shown below:-
Year
Date of Issue
Ratio
1983
17-Feb-83
3:7
1987
24-Feb-87
1:1
1990
27-Sep-90
1:1
1997
15-Oct-97
1:1
Changes in Capital Structure of the Company
Change in the capital structure of the Company pre & post IPO during 1977-78 is as shown below:-
No. of shares
Face Value (Rs.)
Issued & Paid-up Share Capital
(Rs.)
Pre-IPO
510,000
10
5,100,000
IPO
490,000
10
4,900,000
Total
1,000,000
10,000,000
Increase in paid-up share capital on account of Bonus Issues:
Year
No. of shares
Face Value (Rs.)
Issued & Paid-up Share Capital
(Rs.)
1983
428,571
10
14,285,710
1987
1,427,571
10
28,571,420
1990
2,857,142
10
57,142,840
1997
5,714,284
10
114,285,680
Current issued and paid-up share capital consists of 11,428,568 equity shares of Rs.10 each, aggregating to Rs.114,285,680/-
