The Board of Directors of GM Breweries Ltd (GMBREW) at its meeting held on 6 April 2021, has declared Final Dividend of Rs 4 per equity share. The Board meeting commenced at 11:00 A.M.
GM Breweries Ltd Quarterly Result
the company’s net profit surged 155.29% to Rs 45.34 crore in Q4 FY21 from Rs 17.76 crore in Q4 FY20. Net sales during the quarter rose 17.18% year-on-year (YoY) to Rs 127.70 crore. Profit before tax in Q4 March 2021 stood at Rs 53.61 crore, up by 124.78% from Rs 23.85 crore in Q4 March 2020.
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GM Breweries Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 29 June 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Tuesday, 29 June 2021.
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.
Above all, here is the copy of statement, the company has sent to the exchanges:
Kindly take a note that , The Board of Directors at their meeting held on 6th April 2020 has recommended dividend at the rate of 40% i.e Rs. 4.00/- per share. The Dividend payment will be subject to forthcoming AGM.
Important Dates
- Company – GM Breweries Ltd
- Script Name – GMBREW (NSE) and 507488 (BSE)
- Dividend Amount – 4 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 28 June 2021
- Record Date – 29 June 2021
- Payment Date – NA
Also, you can find more information about GM Breweries Ltd on National Stock Exchange and Moneycontrol – GM Breweries Ltd manufactures Indian-made foreign liquor. The company markets its products — brandy rum and whisky — under brand names Pioneer Doctor Brandy, Pioneer Special Doctor Brandy, Hot Shot Rum and Reporter Choice Whisky.
