The Board of Directors of Coromandel International Ltd (COROMANDEL) at its meeting held on 29 April 2021, has declared Final Dividend of Rs 6 per equity share. The Meeting of Board of Directors of the Company commenced at 2:30 p.m. and concluded at 18:05 p.m.
Coromandel International Ltd Q4 Result
The company reported over 33 per cent decline in net profit for the fourth quarter ended March 2021 to Rs 156 crores in comparison to Rs 234 crores recorded during the corresponding quarter last year. For the fiscal FY21, the company’s consolidated total income was Rs 14,257 crores.
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Coromandel International 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 declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on Record Date.
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 has reference to our letter dated April 21, 2021, intimating you about convening of meeting of the Board of Directors of the Company. We wish to inform that the Board of Directors at its meeting held today viz., April 29, 2021, has recommended a final dividend of Rs. 6 per equity share (representing 600 %) on the equity shares of Re. 1/- each fully paid up for the financial year 2020-21.
Important Dates
- Company – Coromandel International Ltd
- Script Name – COROMANDEL (NSE) and 506395 (BSE)
- Dividend Amount – 6 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 15 July 2021
- Record Date – 16 July 2021
- Payment Date – 11 August 2021
Also, you can find more information about Coromandel International Ltd on National Stock Exchange and Moneycontrol – Coromandel International Ltd is engaged in the manufacturing of fertilizers, plant protection chemicals and speciality nutrients. The Company also markets phosphogypsum and sulphur pastilles.
