Fineotex Chemical Ltd Declares Final Dividend of Rs 0.3

Fineotex Chemical Ltd Declares Final Dividend of Rs 0.3

The Board of Directors of Fineotex Chemical Ltd (FCL) at its meeting held on 23 April 2021, has declared Final Dividend of Rs 0.3 per equity share. Meeting of the Board of Directors of the Company commenced at 8.15 p.m. and concluded at 10.00 PM.

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Fineotex Chemical Ltd Q4 Result

Net profit of the company was Rs 11.22 crore in the quarter ended March 2021 as against net loss of Rs 6.31 crore during the previous quarter ended March 2020. Sales rose 72.14% to Rs 75.02 crore in the quarter ended March 2021 as against Rs 43.58 crore during the previous quarter ended March 2020.

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Fineotex Chemical Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 9 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:

It is further informed that at the said Board Meeting the Board has recommended a dividend of Rs. 0.30 per Equity Share of Face Value of Rs. 2/- each, which amounts to Rs. 3,32,24,526/- (Three Crore Thirty Two Lakh Twenty Four Thousand Five Hundred and Twenty Six) for the Financial year 2020-2021.

Important Dates

  • Company – Fineotex Chemical Ltd
  • Script Name – FCL (NSE) and 533333 (BSE)
  • Dividend Amount – 0.3 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 8 July 2021
  • Record Date – 9 July 2021
  • Payment Date – 15 August 2021

Also, you can find more information about Fineotex Chemical Ltd on National Stock Exchange and Moneycontrol – Fineotex Chemical Ltd is engaged in the manufacturing of Specialty Chemicals and Enzymes for various industries .The company manufactures and trade in Specialty Chemicals and Enzymes for Textile & Garment Industry, Construction Industry, Leather Industry & Water Treatment Industry.

 

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