Elantas Beck India Declares Dividend of Rs 5

Elantas Beck India Declares Dividend of Rs 5

The Board of Directors of Elantas Beck India Limited (ELANTAS) at its meeting held on Tuesday, i.e. 23rd day of February 2021 has recommended payment of dividend of Rs. 5.0 per equity share.

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Elantas Beck Quarterly Result

Quarterly Net Profit at Rs. 22.55 crore in December 2020 up 113.63% from Rs. 10.55 crore in December 2019. Meanwhile, Elantas Beck EPS has increased to Rs. 28.44 in December 2020 from Rs. 13.31 in December 2019. Net Sales at Rs 117.99 crore in December 2020 up 26.49% from Rs. 93.28 crore in December 2019.

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Elantas Beck India Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 27 April 2021 as the Record date. Further, the declared dividend will be paid within 30 days from the 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. So, Bookmark our website for latest and upcoming dividend announced by companies in 2021.

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Moreover, Here is the copy of statement, the company has sent to the exchanges:

The Board of Directors at its Meeting held on 23 February 2021, has considered and approved the Standalone Audited Results for the quarter and year ended 31 December 2020 and recommended payment of dividend of Rs. 5.00/-per equity share of Rs.10/-each, for the year 2020.

Important Dates

  • Company – Elantas Beck India Ltd
  • Script Name – ELANTAS (NSE) and 500123 (BSE)
  • Dividend Amount – 5 Rs Per Share
  • Dividend Type – Normal
  • Ex-Dividend Date – 26 Apr 2021
  • Record Date – 27 Apr 2021
  • Payment Date – Within 30 days.

You can find more information about Elantas Beck India Ltd on National Stock Exchange and Moneycontrol – Elantas Beck India Limited manufactures a wide range of speciality chemicals in the electrical insulation and construction industries.

 

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