The Board of Directors of Balkrishna Industries Ltd (BALKRISIND) at its meeting held on 14 May 2021, has declared Final Dividend of Rs 5 per equity share. The meeting commenced at 5.37 P.M and concluded at 7:09 P.M.
Balkrishna Industries Ltd Quarterly Result
Balkrishna Industries reported 27.78% yoy increase in consolidated sales revenues for the Mar-21 quarter at Rs 1,753.45 cr. Net profit for the Mar-21 quarter was up 43.54% at Rs 379.95 cr. Further, net margins were up from 19.29% in Mar-20 quarter to 21.67% in the Mar-21 quarter.
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Balkrishna Industries Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 21 June 2021 as the Record date. In addition, the final dividend, if declared at the AGM, shall be paid/credited on or before 1 July 2021.
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 in the meeting of the Board of Directors held on Friday, the 14th May, 2021, the Board has recommended payment of Final Dividend of Rs. 5/- per Equity Share (250%) on the Equity Shares of Rs. 2/- each (face value) for the year ended 31th March, 2021.
Important Dates
- Company – Balkrishna Industries Ltd
- Script Name – BALKRISIND (NSE) and 500325 (BSE)
- Dividend Amount – 5 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 18 June 2021
- Record Date – 21 June 2021
- Payment Date – Within stipulated time.
Also, you can find more information about Balkrishna Industries Ltd on National Stock Exchange and Moneycontrol – Balkrishna Industries is a tyre manufacturing company. It manufactures tyres used in specialist segments like mining, earthmoving, agriculture and gardening.
