Kale Consultants turns ex-dividend, stk dips 13%

Kale Consultants has plunged 13% or by Rs 18.25 to Rs 123 after the stock was trading ex-dividend from today.

The board of mid-cap information technology (IT) company had declared a special interim dividend of Rs 13.50 per equity share on face vale of Rs 10 per share of the company.

The company had fixed January 18, 2012 as the Record Date for the purpose of ascertaining the eligibility of the shareholders for the purpose of payment of interim dividend.

The special interim dividend will be paid to the equity shareholders of the company on January 27, 2012, it added.

 

A combined 73,178 shares have changed hands on the counter so far on the NSE and BSE.