Bhansali Engineering Polymers Limited Declares Dividend of Rs 1

Bhansali Engineering Polymers Limited Declares Dividend of Rs 1

The Board of Directors of Bhansali Engineering Polymers Limited (BEPL) held its meeting on April 18, 2021. It has declared Dividend of Rs 1 per equity share of face value of Rs 1 each, for the financial year 2020-21. The Board meeting commenced at 5:30 pm and concluded at 7.50 pm.

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Bhansali Engineering Polymers Limited Quarterly Result

Quarterly Net Profit at Rs. 163.49 crore in March 2021 up 1999.87% from Rs. 7.79 crore in March 2020. EBITDA stands at Rs. 221.45 crore in March 2021 up 1618% from Rs. 12.89 crore in March 2020. Further, net Sales at Rs 473.43 crore in March 2021 up 88.31% from Rs. 251.41 crore in March 2020.

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Bhansali Engineering Polymers Limited Dividend Record Date

BEPL has fixed Wednesday, i.e. 23rd June, 2021 as the Record date for determining entitlement of shareholders to receive the dividend for financial year ended 31st March, 2021. The Dividend, if approved by the shareholders at the ensuing 37th AGM, will be paid on or before 25th July, 2021.

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.

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

Pursuant to Regulation 30, 33 and 42 read with Schedule III and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please be informed that the Board of Directors of the Company at its meeting held today has recommended a dividend of Re.l (100 %) per Equity Share (of the face value of Re.1 each) for the financial year ended 31st March, 2021, which is subject to approval of the shareholders of the Company.

Important Dates

  • Company – Bhansali Engineering Polymers Limited
  • Script Name – BEPL (NSE) & 500052 (BSE)
  • Dividend Amount – 1 Rs Per Share
  • Dividend Type – Normal
  • Ex-Dividend Date – 22 June 2021
  • Record Date – 23 June 2021
  • Payment Date – On or before 25th July, 2021

Also, you can find more information about Bhansali Engineering Polymers Limited on National Stock Exchange and Moneycontrol -Bhansali Engineering Polymers Ltd (BEPL) is a leading name in the petrochemical sector in India. BEPL manufactures ABS (Acrylonitrile Butadiene Styrene) – a raw material used extensively across industries like automobiles, home appliances, telecommunications, luggage and other sectors.

 

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