The Board of Directors of Britannia Industries Limited (BRITANNIA) held its meeting on Monday, i.e. May 17, 2021. It has declared Dividend of Rs 12.5 per equity share.
Britannia Industries Quarterly Result
Britannia Industries posted a 7.26% decline in standalone net profit for the fourth quarter ended March from a year earlier, even as revenue rose 8.74%. The company posted a net profit of Rs 353.46 crore on revenue of Rs 3009.16 crore for the quarter ended March.
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Britannia Industries Dividend Record Date
The company in its letter informed the exchanges that it has fixed 27 May 2021 as the Record Date. Consequently, the declared dividend will be paid to those members who hold shares and whose names appear in the Register of Members of the Company on 27 May 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.
Moreover, here is the copy of statement, the company has sent to the exchanges:
The Bonus Debenture Committee of the Company at their meeting held today have, inter alia, taken on record the digitally signed copy of the order dated 7th May, 2021 of the Hon’ble National Company Law Tribunal, Kolkata bench, {“NCLT”) received on 11th May, 2021, sanctioning the Scheme of Arrangement between Britannia Industries Ltd and its Members for issue of unsecured, non-convertible, redeemable, fully paid up debentures and payment of dividend.
Important Dates
- Company – Britannia Industries Limited
- Script Name – BRITANNIA (NSE) & 500825 (BSE)
- Dividend Amount – 12.5 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 25 May 2021
- Record Date – 27 May 2021
- Payment Date – Within 30 Days
Also, you can find more information about Britannia Industries Ltd on National Stock Exchange and Moneycontrol – Britannia Industries Ltd is an Indian food and beverage company. The company sells its Britannia and Tiger brands of biscuits, breads and dairy products throughout India and in more than 60 countries across the world.
