Dividend Alert: Shares of Taparia Tools Limited will trade ex-dividend in July. The multibagger penny stock, currently priced at Rs 25 apiece, remained in massive demand during the past five trading sessions.
The company has announced a 250% dividend for its shareholders.
Taparia Tools Limited shares closed 4.99% higher at Rs 25.44 per share on BSE this week.. The company scrip touched tis 52-week high mark of Rs 25.44 per share on BSE o9 July, 2025. The stock had dipped to its 52-week low mark of Rs 4.48 apiece on 22 July, 2024.
Taparia Tools Dividend
Taparia Tools’ Board of Directors in May had announced a final dividend of Rs 25 per equity share with a face value of Rs 10. The final dividend was announced as a part of the company’s profit earned in the financial year 2024-25.
“The Board of Directors of the Company has inter-alia considered and recommended the Final Dividend @ Rs. 25 /- ( 250 %) per Equity share of Rs.10/- each from the Distributable Profit for the Financial Year ended 31% March 2025, subject to approval of shareholders in ensuing Annual General Meeting,” read a BSE filing released in May.
The dividend amount will be paid to shareholders after the annual general meeting (AGM) set to take place in August. However, the company will determine the eligibility of its shareholders in July only.
Taparia Tools Dividend Record Date
The Iron and Steels Product manufacturing company had fixed July 29 as the dividend record date to determine the eligibility of shareholders.
How To Become Eligible For Dividend Payout?
To become eligible for Taparia Tools’ dividend, investors must purchase the stock on or before its dividend record date, ie July 29. “The Record Date /Cut-off Date for eligible Shareholders for dividend & Eligible for E- E-Voting will be 29 July 2025,” noted the company in a BSE filing. Only those shareholders whose names will appear on the registrar of shareholders on the record date will get the dividend payout.
Taparia Tools Share Price Trend
Taparia Tools’ share price value has increased by around 4.99% in one week on BSE. Whereas, the stock valuation has surged by around 40.47% in three months. Since the beginning of the year 2025, the stock value has increased by 163.9%. Whereas, in the last two years, the stock value has increased by around 1111.43%, according to BSE.
According to the company website, Taparia Tools is involved in the business of manufacturing and trading of hand tools. The company started manufacturing hand tools in 1969 in India after partnering with a Sweden based company. Its production unit is located in Nashik and the company employs around 1200 people. Out of them 1000 are directly involved in the production of tools.