Shriram Life Insurance Unlisted Shares Frozen but Paying Dividends | Stock Market News
A Share That Doesn't Trade... Because It Has Been Frozen! This Means, in the Pre-IPO Market, No One Can Buy or Sell It. Now, if the Company Whose Share Has Been Frozen Announces a Dividend, Wouldn't That Feel Like Rain in the Desert?
Now, You Must Be Wondering Which Share We Are Talking About... We Are Talking About Shriram Life Insurance Unlisted Shares.
Yes, Shriram Life Insurance Has Credited the Final Dividend to Its Shareholders. Do You Know How Much? ₹5.29 Per Equity Share, Which Is Given on Shares with a Face Value of ₹10. That Means, Approximately a 2% Dividend Yield. At Least Some Money Is Being Made, to Soften the Blow of the Freeze. Shriram Life Insurance Has Given a Dividend. So, Do You Have Shriram Life Insurance Shares Pre IPO Shares? Let Us Know in the Comments. And Don’t Forget to Subscribe to Planify for More Interesting Updates.
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About Shriram Life Insurance:
Shriram Life Insurance is a leading life insurance provider in India with a strong focus on catering to the needs of the average Indian. Known for its diverse range of plans tailored for individuals, families, and senior citizens, Shriram Life offers solutions for savings, protection, retirement, and child-focused goals. Backed by the Shriram Group's financial expertise, the company emphasizes customer-centricity and leverages technology to deliver efficient services. With a commitment to providing financial security and peace of mind, Shriram Life has established itself as a trusted name in the insurance industry.
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