The Board of Directors of Apcotex Industries Limited (APCOTEXIND) at its meeting held on May 6, 2021, has declared Final Dividend of Rs 2 per equity share. The Board Meeting started at 11.30 am and concluded at 2.30 pm
Apcotex Industries Ltd Quarterly Result
The company reported quarterly Net Profit at Rs. 22.60 crore in March 2021 up 637.08% from Rs. 3.07 crore in March 2020. Net Sales at Rs 186.92 crore in March 2021 up 61.65% from Rs. 115.63 crore in March 2020. Further, Apcotex Ind EPS has increased to Rs. 4.36 in March 2021 from Rs. 0.59 in March 2020.
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Apcotex Industries Limited Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 2 July 2021 as the Record date. In addition, the declared dividend will be paid within 30 days.
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 2021.
Above all, here is the copy of statement, the company has sent to the exchanges:
This is to inform you that the Board of Directors of the Company at its meeting held today i.e. on 6th May 2021 has recommended payment of final Dividend @ Rs. 2/- per equity share of the face value of Rs. 2/- each for the financial year ended 31st March 2021, subject to approval of shareholders at the ensuing 35th Annual General Meeting.
Important Dates
- Company – Apcotex Industries Limited
- Script Name – APCOTEXIND (NSE) and 523694 (BSE)
- Dividend Amount – 2 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 1 July 2021
- Record Date – 2 July 2021
- Payment Date – NA
Also, you can find more information about Apcotex Industries Ltd on National Stock Exchange and Moneycontrol – Apcotex Industries manufactures synthetic rubber lattices such as vinyl pyridine latex and styrene butadiene rubber latex. In technical collaboration with a German company it set up a plant at Taloja Maharashtra to manufacture 750 tpa of vinyl pyridine latex (VPL).
