Rekha Jhunjhunwala to Receive ₹8 per Share Dividend from CRISIL. Her 5.2% stake will yield over ₹3 crore in profits. The company has declared an 800% dividend.
Rekha Jhunjhunwala Portfolio: Prominent investor Rekha Jhunjhunwala has received a substantial dividend payout, resulting in profits exceeding ₹3 crore. Rekha Jhunjhunwala, wife of the late Rakesh Jhunjhunwala, is a significant investor in CRISIL. As of the end of the March 2024 quarter, Rekha held a 5.2% stake in CRISIL.
CRISIL Announces 800% Dividend
Credit rating agency CRISIL has announced an interim dividend of ₹8 per share for the fiscal year 2025 for its investors. This dividend is based on the company's share face value of ₹1, meaning the company is distributing an 800% dividend. This dividend will be paid to eligible shareholders on May 19, 2025, with the ex-dividend date set for May 7, 2025.
Rekha Jhunjhunwala to Gain Over ₹3 Crore
Rekha Jhunjhunwala owns 3,799,000 CRISIL shares, and based on this, she will receive a total dividend of ₹3,03,92,000 at ₹8 per share.
CRISIL's Status and Rekha's Holdings
CRISIL, established in 1987, is India's first credit rating agency. Currently, Rekha Jhunjhunwala holds a 5.2% stake in CRISIL, with a current holding value of ₹1,843.4 crore.
This dividend payout marks a significant milestone for Rekha Jhunjhunwala's portfolio. If you are also seeking such lucrative investment opportunities, it is time to consider investments in companies like CRISIL.
