The Board of Directors of Cheviot Company Ltd (MMFL) at its meeting held on 16 April 2021, has declared Special Dividend of Rs 175 per equity share for the year ended 31st March 2021.
Cheviot Company Ltd Q4 Result
The company reported a net profit of Rs 25.68 crore in Q4 FY21 as against a net profit of Rs 3.50 crore in Q4 FY20. Net sales during the quarter increased by 36.7% year-on-year (YoY) to Rs 156.88 crore in Q4 FY21.
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Cheviot Company Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 16 July 2021 as the Record date. Consequently, the dividend will be paid to the persons whose names shall appear as beneficial owners as at the end of the business hours on Friday, 16th July, 2021 as per details furnished by National Securities Depository Limited and Central Depository Services (India) Limited.
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:
Please be informed that the Board of Directors of the Company at its meeting held on 15th May, 2021 have recommended a special dividend of ₹ 175/- (1750%) per ordinary share on 62,66,875 fully paid-up ordinary shares of face value of ₹ 10/- each aggregating to ₹ 1,09,67,03,125/- (Rupees One Hundred Nine Crore Sixty-Seven Lakhs Three Thousand One Hundred Twenty Five only).
Important Dates
- Company – Cheviot Company Ltd
- Script Name – 526817 (BSE)
- Dividend Amount – 175 Rs Per Share
- Dividend Type – Special
- Ex-Dividend Date – 5 July 2021
- Record Date – 6 July 2021
- Payment Date – N/A
Also, you can find more information about Cheviot Company Ltd on Bombay Stock Exchange and Moneycontrol – Cheviot Company Ltd is engaged in the manufacturing of Sacking bags (for packing Food grains), Sacking Cloth, Hessian cloth & Bags and Decorative Fabrics.
