The Board of Directors of Grindwell Norton Ltd (GRINDWELL) held its meeting on May 7, 2021 . It has declared Dividend of Rs 9.5 per equity share for the financial year 2020-21. The meeting of the Board of Directors of the Company held today at 12:30 p.m. IST and concluded at 4:10 p.m. IST.
Grindwell Norton Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 21 July 2021 as the Record date. Further, payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on 21 July 2021.
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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 – In conclusion, 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:
Further to our letter dated April 28, 2021, we write to inform you that the Board of Directors at their meeting held today i.e. May 7, 2021 has recommended a dividend of Rs. 9.50/- per equity share (190%) of Rs. 5/- each for the financial year 2020-21.
Important Dates
- Company – Grindwell Norton Ltd
- Script Name – GRINDWELL (NSE) and 506076 (BSE)
- Dividend Amount – 9.5 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 22 July 2021
- Record Date – 21 July 2021
- Payment Date – 27 August 2021
Also, you can find more information about Grindwell Norton Ltd on National Stock Exchange and Moneycontrol – Grindwell Norton Ltd is Indias leading manufacturer of abrasives (bonded, coated, non-woven, superabrasives and thin wheels) and silicon carbide. The company also manufactures and markets high performance refractories and performance plastics products.
