Majesco Ltd - 539289 - Announcement under Regulation 30 (LODR)-Dividend Updates
Please find enclosed herewith FAQs on dividend distribution and deduction of TDS. FAQs are also being made available on website of the Company i.e. www.majescoltd.in You are requested to take the same on record. Negative share price! What lies ahead post Majesco's dividend?
The company announced a Rs 974 dividend per share on Tuesday. Its record date is on December 25. If the stock price closes below Rs 974 on December 22, the ex-dividend price on December 23 would be negative. Do you hold shares of Majesco? Here's why you should sell now
If shares were bought more than one year ago, the profit will be treated as long-term capital gains and get taxed at 10%. If the shares were bought less than one year ago, the gains will be short-term capital gains and taxed at 15%. At 19,480%, Majesco's interim is highest payout ever by an Indian firm
Each 5 share to get 974; distribution of $594 m from sale of US arm Majesco Ltd - 539289 - Corporate Action-Board approves Dividend
We wish to inform that the Board of Directors of Majesco Limited at its meeting held today i.e. December 15, 2020, has approved payment of interim dividend at the rate of 19480% i.e. Rs. 974/- per equity share of face value of Rs. 5/- each for the financial year 2020-21. This interim dividend payout translates to an amount of Rs. 2788.4 crore on a shareholder base of 28.577 million shares. The balance cash reserves estimated at Rs. 103 crore will be distributed subject to board and regulatory approvals. We are also enclosing hereto investor presentation. The Board meeting started at 7:30 A.M. and concluded at 8.30 A. M. You are requested to take the same on record. Majesco Ltd - 539289 - Outcome Of The Board Meeting Held On December 15, 2020
We wish to inform that the Board of Directors of Majesco Limited at its meeting held today i.e. December 15, 2020, has approved payment of interim dividend at the rate of 19480% i.e. Rs. 974/- per equity share of face value of Rs. 5/- each for the financial year 2020-21. This interim dividend payout translates to an amount of Rs. 2788.4 crore on a shareholder base of 28.577 million shares. The balance cash reserves estimated at Rs. 103 crore will be distributed subject to board and regulatory approvals. We are also enclosing hereto investor presentation. The Board meeting started at 7:30 A.M. and concluded at 8.30 A. M. You are requested to take the same on record. Majesco Ltd - 539289 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We hereby inform you that Investors' Grievances and Stakeholders' Relationship Committee of the Board of Directors of the Company at its meeting held today i.e. December 13, 2020 allotted 44,250 fully paid-up equity shares of face value of Rs. 5/- each to employees, who exercised their vested options under the Company''s Employee Stock Option Scheme. The said shares shall rank pari-passu with existing shares of the Company in all respects. Resultantly, the paid-up share capital of the Company stands increased to 3,01,96,277 equity shares amounting in aggregate to Rs. 15,09,81,385/-. You are requested to take the same on record. Majesco Ltd - 539289 - Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Avanshali Foundation Majesco Ltd - 539289 - Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for HI5 Youth Foundation Majesco Ltd - 539289 - Closure of Trading Window
In terms of Insider Trading Code of the Company, please note that trading window for dealing in shares of the Company will remain closed from Thursday, December 10, 2020 until forty-eight hours after declaration of interim dividend to the stock exchanges.