Anand Rathi Wealth Ltd Declares Interim Dividend of Rs 5

Anand Rathi Wealth Ltd Declares Rs 5 Interim Dividend

The Board of Directors of Anand Rathi Wealth Ltd (ANANDRATHI) held its meeting on January 6, 2022. It has declared an Interim Dividend of Rs 5 per equity share for the financial year 2021-22. The Board meeting commenced at 4.30 p.m. and concluded at 5.30 p.m.

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Anand Rathi Wealth Ltd Q3FY22 Result

The company reported a consolidated net profit of Rs 32.03 crore, up 146%, in the quarter ended 31 December, 2021. It had posted a net profit of Rs 13 crore in the year-ago period. The revenue from operations rose 55% to Rs 106 crore as against Rs 68 crore in the same quarter last year.

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Anand Rathi Wealth Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 20 January 2022 as the Record date. Further, payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on 20 January 2022.

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 – 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 2022.

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

We would like to inform you that the Board of Directors of the Company, at its meeting held today i.e. 6th January 2022, have approved and declared the Interim Dividend of 100% (i.e. Rs. 5/- per equity share) for the financial year 2021-22. The said Interim Dividend will be credited/dispatched to the shareholders by Friday, 4th February, 2022 i.e. within 30 days from date of declaration.

Important Dates

  • Company – Anand Rathi Wealth Ltd
  • Script Name – ANANDRATHI (NSE) and 543415 (BSE)
  • Dividend Amount – 5 Rs Per Share
  • Dividend Type – Interim
  • Ex-Dividend Date – 19 January 2022
  • Record Date – 20 January 2022
  • Payment Date – 4 February 2022

Also, you can find more information about Anand Rathi Wealth Ltd on National Stock Exchange and Moneycontrol – Anand Rathi Wealth offers services such as wealth management, brokerage and distribution, investment banking, corporate finance and advice, covering the entire gamut of investors in equities, mutual funds and insurance.

 

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