The Board of Directors of Gujarat Ambuja Exports Limited (GAEL) at its meeting held on May 22, 2021, has declared Final Dividend of Rs 0.6 per equity share. The Meeting commenced at 12.00 P.M. and concluded at 5.20 P.M.
Gujarat Ambuja Exports Limited Quarterly Result
The company reported 87.08% yoy growth in consolidated revenues for the Mar-21 quarter at Rs 1,676.54 cr. Further, net profits for the Mar-21 quarter were higher by 117.84% yoy at Rs 118.42 cr.
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Gujarat Ambuja Exports Limited Dividend Record Date
The company in its letter has informed the exchanges that it has fixed (—) as the Record date. In addition, the declared dividend will be paid on (—).
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:
We are pleased to inform that above referred meeting was held on 22nd May, 2021 and the board has recommended Final Dividend @ 60% i.e. Rs. 0.61 per equity shares of Rs. 1/- each for F.Y. 2020-2021, subject to the approval of shareholders at the ensuing Annual General Meeting.
Important Dates
- Company – Gujarat Ambuja Exports Limited
- Script Name – GAEL (NSE) and 524226 (BSE)
- Dividend Amount – 0.6 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – NA
- Record Date – NA
- Payment Date – NA
Also, you can find more information about Gujarat Ambuja Exports Limited on National Stock Exchange and Moneycontrol – GAEL is engaged in the manufacture of refined castor oil hydrated castor oil and hydrogenated castor oil. These products have extensive usage in industries manufacturing detergents lubricants and chemicals.
