Dwarikesh Sugar Industries Ltd Declares Dividend of Rs 1.25

Dwarikesh Sugar Industries Ltd Declares Rs 1.25 Dividend (2021)

The Board of Directors of Dwarikesh Sugar Industries Ltd (DWARKESH) at its meeting held on 12 May 2021, has declared Dividend of Rs 1.25 per equity share. The meeting commenced at 12.15 p.m. and concluded at 2.40 p.m.

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Dwarikesh Sugar Industries Ltd Q4 Result

Quarterly Net Profit at Rs. 48.23 crore in March 2021 up 8.96% from Rs. 44.27 crore in March 2020. EBITDA stands at Rs. 83.76 crore in March 2021 up 46% from Rs. 57.37 crore in March 2020. Net Sales at Rs 599.96 crore in March 2021 up 29.93% from Rs. 461.75 crore in March 2020.

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Dwarikesh Sugar Industries Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 13 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.

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

We wish to inform you that Pursuant to Regulation 30 of Securities and Exchange Board of India. The Board of directors of the Company has recommended dividend of 125 % (Rs. 1.25/- per equity share) at its meeting held on May 12, 2021.

Important Dates

  • Company – Dwarikesh Sugar Industries Ltd
  • Script Name – DWARKESH (NSE) and 532610 (BSE)
  • Dividend Amount – 1.25 Rs Per Share
  • Dividend Type – Normal
  • Ex-Dividend Date – 12 July 2021
  • Record Date – 13 July 2021
  • Payment Date – 19 August 2021

Also, you can find more information about Dwarikesh Sugar Industries Ltd on National Stock Exchange and Moneycontrol – Dwarikesh Sugar Inds. Ltd is engaged in the production of sugar and other sugar related activities. The product range of the company includes Sugar, White Crystal Sugar, Ethanol, Captive Power, Molasses and Valuable Residue.

 

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