Diamines & Chemicals Ltd Declares Final Dividend of Rs 5

Diamines & Chemicals Ltd Declares Final Dividend of Rs 5

The Board of Directors of Diamines & Chemicals Ltd (MMFL) at its meeting held on 18 May 2021, has declared Final Dividend of Rs 5 per equity share. The meeting started at 11.00 a.m. and concluded at 12.45 p.m.

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Diamines & Chemicals Ltd Q4 Result

The company reported total income of Rs. 14.75 crores during the period ended March 31, 2021 as compared to Rs. 15.49 crores during the period ended December 31, 2020. Further, it has posted net profit of Rs. 2.14 crores for the period ended March 31, 2021 as against net profit of Rs. 6.78 crores for the period ended December 31, 2020.

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Diamines & Chemicals Ltd Dividend Record Date

The company in its letter has informed the exchange that it has fixed 13 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 Tuesday, 13 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.

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

This is to inform you that at the meeting of the Board of Directors of the Company held today the Board has recommended final dividend of @ 50 % (Rs. 5/- per Equity share of Rs. 10 each) for the year ended March 31, 2021.

Important Dates

  • Company – Diamines & Chemicals Ltd
  • Script Name – 500120 (BSE)
  • Dividend Amount – 5 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 12 July 2021
  • Record Date – 13 July 2021
  • Payment Date – 19 August 2021

Also, you can find more information about Diamines & Chemicals Ltd on Bombay Stock Exchange and Moneycontrol – Diamines & Chemical Ltd has been the sole manufacturer of ethylene amines in the Indian subcontinent for more than two decades. The company also engaged in the business of Power Generation, Specialty Chemicals.

 

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