Latest news with #MuraeOrganisor
Time of India
16 hours ago
- Business
- Time of India
Murae Organisor agri division bags supply orders worth Rs 297 crore
Pharmaceuticals company Murae Organisor on Monday said its new agri commodity division has bagged supply orders worth Rs 297 crore from various industries. The company has bagged orders from multiple domestic institutional clients across the FMCG, agri-processing, and commodity trade sectors, Murae Organisor said in a statement. The orders cover a wide basket of essential agricultural commodities, including mustard seeds , groundnuts , chickpeas , and other oilseeds and pulses, to be delivered across various destinations as per client-specific schedules, it added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Be their reason to smile HelpAge India Donate Now Undo The first tranche, valued at around Rs 57 crore, is scheduled for execution within the next 30 days. The company is strategically expanding into the agro-industrial sector and has lined up around Rs 25 crore investment in a distillery facility and pomegranate plantation in Kutch.
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Business Standard
21 hours ago
- Business
- Business Standard
Tata Elxsi, VTM & 1 other stock to trade ex-date on June 11: Do you own?
Ex-date for dividend: Tata Elxsi along with two other stocks will trade ex-date on Wednesday, June 11, 2025, owing to corporate actions including dividend, bonus and stock split. Investors should note that the ex-date and record date for these stocks are the same, making them a key focus in today's market. Shares trading ex-date for dividend Tata Elxsi has declared a dividend of ₹75 per share of the face value of ₹10 each (750 per cent), according to corporate action data on BSE. A dividend is a portion of a company's profit that is paid out to shareholders, usually in the form of cash or additional shares. Stock split Apart from that, Murae Organisor will trade ex-date for its stock split of 1:2 ratio. The shareholders will receive 2 equity shares of ₹1 each, fully paid-up, for 1 equity share of ₹2 each, held by them as on the "record date", upon subdivision/split. The ex-date (or ex-split date) is the date on or after which a stock trades without the value adjustment for a stock split. Bonus Meanwhile, VTM 's board approved a bonus issue in the ratio of 3:2, which means shareholders will receive three new fully paid-up equity shares of ₹1 each, for every two existing fully paid-up shares of the company. The company issued an allotment of 6,03,41,400 shares. A bonus issue is when a company gives free additional shares to its existing shareholders, based on the number of shares they already own. The ex-date marks the day a stock starts trading without the eligibility for dividends, bonus shares, stock splits, or rights issues. This means that investors who purchase the stock on or after the ex-date will not be entitled to these benefits. To be eligible, an investor must hold the stock before the ex-date. However, the final list of beneficiaries for dividends, stock splits, or rights issues is prepared by the company based on shareholders recorded at the close of the record date.
Mint
2 days ago
- Business
- Mint
Penny stock below ₹5 hits upper circuit after THIS order book update
Shares of Murae Organisor hit 5% upper circuit following the announcement that the company has effectively secured supply orders totaling Rs. 297 Crores from various domestic institutional clients in the FMCG, agri-processing, and commodity trade industries. The firm announced that the orders encompass a diverse range of essential agricultural products such as mustard seeds, groundnuts, chickpeas, and other oilseeds and pulses, which will be delivered to various locations according to client-specific timelines. The supply contract worth ₹ 297 crore represents a consolidated business volume achieved through structured collaborations and trading agreements with clients, and its execution will occur in several phases, coordinated with internal fulfillment capabilities, procurement schedules, and client delivery commitments. The initial phase, approximately valued at ₹ 57 crores, is set to be executed within the next 30 days. This accumulation of high-volume trades mirrors the company's strategic transition towards growth based on scale, improved operating leverage, and ongoing commodity contracts in key agricultural sectors, and it is anticipated to significantly boost revenue momentum in the upcoming quarters, establishing the company as a dependable partner for institutional-grade commodities. The company has recently disclosed a meeting of its board of directors scheduled for June 13, 2025, to evaluate and approve a bonus issue of equity shares for the company's shareholders, pending necessary approvals and compliance requirements. The board will also discuss and endorse the declaration of a dividend of up to 100% of the face value of equity shares (Rs. 2 per share) for the financial year 2024-25, subject to shareholders' approval if necessary. Additionally, the board of directors intends to review proposals for strategic business expansion, which includes capital investment for both proposed and ongoing projects in the agro and distillery sectors. The company has reported outstanding performance for the fourth quarter (Q4) and the financial year 2025, which ended in March 2025. The revenue from operations reached Rs. 854.82 crore, marking an increase of over 336 times compared to the revenue of Rs. 2.54 crore in FY 2024. The net profit for FY 2025 also increased to Rs. 7.52 crore, compared to a net profit of Rs. 5.31 lakh in FY 2024. For Q4 FY2025, the company recorded revenue from operations of Rs. 515.53 crore and a net profit of Rs. 2.85 crore.
Mint
2 days ago
- Business
- Mint
Penny stock below ₹5 hits upper circuit after THIS order book update
Shares of Murae Organisor hit 5% upper circuit following the announcement that the company has effectively secured supply orders totaling Rs. 297 Crores from various domestic institutional clients in the FMCG, agri-processing, and commodity trade industries. The firm announced that the orders encompass a diverse range of essential agricultural products such as mustard seeds, groundnuts, chickpeas, and other oilseeds and pulses, which will be delivered to various locations according to client-specific timelines. The supply contract worth ₹ 297 crore represents a consolidated business volume achieved through structured collaborations and trading agreements with clients, and its execution will occur in several phases, coordinated with internal fulfillment capabilities, procurement schedules, and client delivery commitments. The initial phase, approximately valued at ₹ 57 crores, is set to be executed within the next 30 days. This accumulation of high-volume trades mirrors the company's strategic transition towards growth based on scale, improved operating leverage, and ongoing commodity contracts in key agricultural sectors, and it is anticipated to significantly boost revenue momentum in the upcoming quarters, establishing the company as a dependable partner for institutional-grade commodities.
Time of India
7 days ago
- Business
- Time of India
Murae Organisor board to consider bonus issue, dividend payout next week
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Pharmaceuticals company Murae Organisor on Tuesday said its board will meet on June 13 to consider a bonus issue of equity shares and dividend payment for Ahmedabad-based firm in an exchange filing stated that the board will also consider strategic business expansion proposals, including capital deployment for proposed and ongoing projects in the agro and distillery Organisor is expanding into the agro-industrial sector by planning to acquire agricultural land in Kutch, Gujarat, to cultivate high-quality pomegranates. It looks to invest around Rs 25 crore in the agri-venture to cultivate pomegranates and set up a distillery facility."A meeting of the Board of directors is scheduled to be held on June 13, 2025, to consider and approve, bonus issue of equity shares to the shareholders of the of dividend of up to 100 per cent of the face value of Rs 2 each for the financial year ended on March 31, 2025," the filing company has also fixed June 11 as the record date for the 1:2 stock Organisor reported Rs 854.82 crore revenue in FY2025, while its net profit surged to Rs 7.52 crore.
