Alembic Pharmaceuticals Ltd Declares Dividend of Rs 14

Alembic Pharmaceuticals Ltd Declares Dividend of Rs 14

The Board of Directors of Alembic Pharmaceuticals Ltd (APLLTD) held its meeting on February 10, 2021. It has declared Dividend of Rs 14 per equity share for the financial year 2020-21. The time of commencement of the Board Meeting was 11:30 a.m. and the time of conclusion was 2:00 p.m.

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Alembic Pharmaceuticals Ltd Dividend Record Date

The record date/ cut-off date for the purpose of determining the name of members for entitlement of dividend, if declared, at the ensuing AGM of the Company, will be 20 July 2021.

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Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – In conclusion, if you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.

Above all, here is the copy of statement, the company has sent to the exchanges:

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With reference to the captioned matter, the exchange is hereby informed that the Board of Directors of the company at its meeting held today has recommended a dividend of Rs. 14/- (700%) per Equity share having face value of Rs. 2/- each.

Important Dates

  • Company – Alembic Pharmaceuticals Ltd
  • Script Name – APLLTD (NSE) and 533573 (BSE)
  • Dividend Amount – 14 Rs Per Share
  • Dividend Type – Normal
  • Ex-Dividend Date – 19 July 2021
  • Record Date – 20 July 2021
  • Payment Date – 26 August 2021
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Also, you can find more information about Alembic Pharmaceuticals Ltd on National Stock Exchange and Moneycontrol – Alembic Pharmaceuticals Limited is a leading pharmaceutical company and is vertically integrated with the ability to develop, manufacture and market pharmaceutical products.

 

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