The Board of Directors of Bharat Forge Ltd (BHARATFORG) at its meeting held on 4 June 2021, has declared Final Dividend of Rs 2 per equity share. The meeting of the Board of Directors commenced at 10.00 A.M. and concluded at 11:40 A.M.
Bharat Forge Ltd Q4 Result
The company has reported a net profit of ₹205.4 crore for the quarter ended March as against net loss of ₹73.3 crore reported in the same quarter last year. The revenue from operations rose 48.4% to ₹1,307 crore as compared to ₹881 crore in the corresponding quarter of the previous fiscal.
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Bharat Forge Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 12 July 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Friday, 16 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 the Board of Directors of the Company at its Meeting held on Friday, June 04, 2021 has recommended a final dividend of Rs. 2/- per equity share of the face value of Rs. 2/- each ( at the rate of 100%) for the financial year ended March 31, 2021. The final dividend for the financial year ended March 31, 2021, if approved by member, will be paid on or after August 20, 2021.
Important Dates
- Company – Bharat Forge Ltd
- Script Name – BHARATFORG (NSE) and 500493 (BSE)
- Dividend Amount – 2 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 15 July 2021
- Record Date – 16 July 2021
- Payment Date – 12 September 2021
Also, you can find more information about Bharat Forge Ltd on National Stock Exchange and Moneycontrol – Bharat Forge Limited (BFL), the Pune based Indian multinational is a technology-driven global leader in metal forming having trans-continental presence across a dozen manufacturing locations, serving several sectors including automobile, power, oil and gas.
