Bannari Amman Sugars Limited Declares Final Dividend of Rs 10

Bannari Amman Sugars Limited Dividend 2021

The Board of Directors of Bannari Amman Sugars Limited (BANARISUG) at its meeting held on Monday, i.e. May 24, 2021, has declared Final Dividend of Rs 10 per equity share. The Board Meeting commenced at 4.30 P.M. and concluded at 5.40 P.M.

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Bannari Amman Sugars Ltd Q4 Result

The company reported quarterly Net Profit at Rs. 21.85 crore in March 2021 down 30.25% from Rs. 31.33 crore in March 2020. EBITDA stands at Rs. 48.13 crore in March 2021 down 29.72% from Rs. 68.48 crore in March 2020. Net Sales at Rs 371.89 crore in March 2021 down 22.27% from Rs. 478.42 crore in March 2020.

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Bannari Amman Sugars Limited Dividend Record Date

The company in its letter has informed the exchanges that it has fixed (—) as the Record date. In addition, the declared dividend will be paid on (—).

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.

dividends9 telegram

dividends9 telegram

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

We wish to inform you that the Board of Directors at its meeting held today has recommended the payment of dividend @ Rs.10/- per equity share (100 %) of the face value of Rs.10/- each for the financial year 2020-2021.

Important Dates

  • Company – Bannari Amman Sugars Limited
  • Script Name – BANARISUG (NSE) and 500041 (BSE)
  • Dividend Amount – 10 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – NA
  • Record Date – NA
  • Payment Date – NA

Also, you can find more information about Bannari Amman Sugars Ltd on National Stock Exchange and Moneycontrol – Bannari Amman Sugars is an industrial conglomerate wide spectrum of manufacturing, trading and service activities. Manufacturing and trading include sugar, alcohol, liquor, granite etc.

 

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