The Board of Directors of RailTel Corporation Ltd held its meeting on January 31, 2023. It has declared Interim Dividend of Rs 1.5 per equity share for the third quarter of financial year 2022-23.
RailTel Corporation Ltd CMP
The Current Market Price (CMP) or last traded price (LTP) of company was Rs 266.55 at the time of publishing this article. Its 52 weeks high was Rs 358.00 (on 07-Apr-2022) & 52 weeks low was Rs 244.00 (on 20-Jun-2022).
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RailTel Corporation Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 8 February 2023 as the Record date. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on Record Date.
Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2023.
Important Dates
- Company – RailTel Corporation Ltd
- Script Name – RAILTEL (NSE) and 543265 (BSE)
- Dividend Amount – 1.5 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 8 February 2023
- Record Date – 8 February 2023
- Payment Date – 2 March 2023
- Current Market Price – Rs 266.55
- 52 Weeks High – Rs 358.00
- 52 Weeks Low – Rs 244.00
Also, you can find more information about Railtel Corporation on National Stock Exchange and Moneycontrol – RailTel Corporation of India Ltd. is a “Miniratna” (public sector) enterprise of Government of India focusing on providing broadband and VPN services. RailTel was formed in September 2000 with the objective of creating nationwide broadband, telecom and multimedia network, to modernize train control operation and safety system of Indian Railways.
