The Board of Directors of Eicher Motors Ltd (EICHERMOT) held its meeting on May 27, 2021. It has declared Final Dividend of Rs 17 per equity share for the year 2020-21. The Meeting of the Board started at 4.05 PM and concluded at 6:45 PM.
Eicher Motors Ltd Q4 Result
The company posted a consolidated net profit of Rs 526.14 crore for the March quarter (Q4FY21). This is an increase of 73 per cent from Rs 304 crore logged in the corresponding quarter last year. Total revenue from operations were at all time high of Rs 2,940.3 crore for the quarter under review, up 33 per cent from Rs 2,208.1 crore in the same period last year.
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Eicher Motors Ltd Dividend Record Date
The company has not fixed any record date or ex-dividend date as of now. We will update it here as soon as it is available. 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.
To receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – In other words, 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:
Subject to the approval of the shareholders at the ensuing 39th Annual General Meeting, approved dividend of Rs 17 per equity share of face value of Rs. 1 each for the financial year ended March 31, 2021. The Dividend shall be paid/ dispatched within 30 days from the date of shareholders approval.
Important Dates
- Company – Eicher Motors Ltd
- Script Name – EICHERMOT (NSE) and 505200 (BSE)
- Dividend Amount – 17 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – NA
- Record Date – NA
- Payment Date – Within 30 days of AGM
Also, you can find more information about Eicher Motors Ltd on National Stock Exchange and Moneycontrol – Eicher Motors Limited (EML) is an Indian manufacturer of motorcycles and commercial vehicles. Eicher is the parent company of Royal Enfield, a manufacturer of middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden’s Volvo Trucks – Volvo Eicher Commercial Vehicles Limited (VECV).
