Global IME Capital Declares Book Closure Date for Proposed Dividend of Global IME Balance Fund I
Thu, Oct 5, 2023 10:16 AM on Latest, Dividend, Bonus & Rights, Mutual Fund, Book Closure,
Global IME Capital Limited has declared the book closure date for the dividend of its closed-end mutual fund scheme. 25th Ashwin 2080 is the book closure date. Thus, unit holders maintained till the 24th Ashwin are entitled to the dividend payout.
The 165th meeting of the board of directors of Global IME Capital Limited held on Ashwin 15 decided to distribute a 5% cash dividend worth Rs. 5.12 Crores to the unitholders of Global IME Balance Fund I (GIBF1) for the fiscal year 2079/80.
Global IME Balance Fund I (GIBF1), , sponsored by Global IME Bank and managed by Global IME Capital, is a closed-end fund and has a maturity period of 10 years. It has a fund size of Rs. 1.02 Arba. Its NAV stands at Rs. 9.76 till Bhadra's end.
The fund has an LTP of Rs.8.50.
