The Board of Directors of Elgi Equipments Limited (ELGIEQUIP) held its meeting on Friday i.e., 21 May 2021. It has declared Dividend of Rs 0.8 per equity share for the financial year 2020-21.
Elgi Equipments Ltd Quarterly Result
The company reported a strong Q4FY21 with consolidated revenue up 34.3% YoY to Rs. 610.6 crore. Further, standalone revenue grew by a robust 57.5% YoY to Rs. 392.0 crore. EBITDA margins improved significantly by 180 bps QoQ to 13% in Q4FY21.
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Elgi Equipments Limited Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 26 July 2021 as the Record date. Moreover, payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on 26 July 2021.
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:
We refer to our Letter dated 13/05/2021, intimating you of the convening of the meeting of the Board of Directors of our Company. The Board of Directors have recommended a dividend of Rs. 0.80/- (Rupee Eighty Paise only) per equity share having a face value of Re. 1/- for the financial year ended 31st March, 2021. Upon approval of the shareholders at the 61st Annual General Meeting, the dividend amount after deducting applicable TDS, will be paid to the shareholders with the prescribed time.
Important Dates
- Company – Elgi Equipments Limited
- Script Name – ELGIEQUIP (NSE) & 522074 (BSE)
- Dividend Amount – 0.8 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – NA
- Record Date – 26 July 2021
- Payment Date – NA
Also, you can find more information about Elgi Equipments Ltd on National Stock Exchange and Moneycontrol – Elgi Equipments Ltd is engaged in manufacture trading of air compressors and providing after sales services. The company has manufacturing plants in different locations in India and has its registered office in Coimbatore.
