GHCL Limited Declares Final Dividend of Rs 5.5

GHCL Limited Declares Final Dividend of Rs 5.5

The Board of Directors of GHCL Limited (GHCL) at its meeting held on April 28, 2021 has recommended final of dividend of Rs 5.5 per equity share for the FY 2020-21. The meeting commenced at 2.45 p.m. and concluded at 4:50 p.m.

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GHCL Limited Ltd Quarterly Result

Gujarat Heavy Chemicals reported 10.17% yoy growth in consolidated sales revenues for the Mar-21 quarter at Rs 826.33 cr. Further, for the Mar-21 quarter, the consolidated operating profits were up 33.62% at Rs 161.76 cr.

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GHCL Limited Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 12 June 2021 as the Record date. In addition, the declared dividend will be paid on or after June 23, 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 – 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:

It is hereby informed that the Board of Directors in their just concluded meeting has inter alia recommended Dividend of Rs 5.50 per share (i.e.55 % on paid up capital) for the financial year ended March 31, 2021. Dividend will be paid on or after Wednesday, June 23, 2021, if approved by the members in the ensuing Annual General Meeting.

Important Dates

  • Company – GHCL Limited
  • Script Name – GHCL (NSE) and 500171 (BSE)
  • Dividend Amount – 5.5 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 10 June 2021
  • Record Date – 12 June 2021
  • Payment Date – On or after June 23, 2021

You can find more information about GHCL Limited on National Stock Exchange and Moneycontrol – GHCL Limited is involved in textiles and chemicals business. It has units in Gujarat and Tamil Nadu. Gujarat Heavy Chemicals Limited (GHCL) Ltd is a flagship company of the Dalmia Group.

 

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