The Board of Directors of Avantel Limited (AVANTEL) at its meeting held on April 24, 2021, has declared Final Dividend of Rs 4 per equity share. The meeting commenced at 04:10 P.M. and concluded at 06:05 P.M.
Avantel Limited Quarterly Result
The company has reported total income of Rs.25.12 crores during the period ended December 31, 2020 as compared to Rs.12.64 crores during the period ended September 30, 2020. The company has reported EPS of Rs.12.26 for the period ended December 31, 2020 as compared to Rs.8.11 for the period ended September 30, 2020.
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Avantel Limited Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 29 May 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 that, the Board of Directors of the Company in their just concluded meeting has recommended dividend of Rs. 4/- per Share on the face Value of Rs. 10/- per Share. The Dividend, if approved by the Shareholders, shall be paid to the Shareholders appearing in the register of members as on 28.05.2021.
Important Dates
- Company – Avantel Limited
- Script Name – AVANTEL (NSE) and 532406 (BSE)
- Dividend Amount – 4 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 27 May 2021
- Record Date – 29 May 2021
- Payment Date – Within 30 Days
Also, you can find more information about Avantel Limited on Bombay Stock Exchange and Moneycontrol – Avantel Ltd. engages in the manufacture and sale of telecom products in India. The company’s products include repeaters, filters, power dividers, power amplifiers, directional couplers, and cavity splitters or tappers.
