Gujarat Reclaim & Rubber Products (GRP Ltd) Declares Dividend of Rs 2.5

GRP Ltd) Declares Dividend of Rs 2.5

The Board of Directors of Gujarat Reclaim & Rubber Products Limited (GRPLTD) held its meeting on 21 May 2021. It has declared Dividend of Rs 2.5 per equity share for the financial year 2020-21. The meeting of the Board of Directors commenced at 4.30 p.m. and concluded at 9.20 p.m.

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Gujarat Reclaim & Rubber Products Ltd Quarterly Result

The company has reported total income of Rs. 89.53 crores at the end of Q4 FY20-21 as compared to Rs. 84.95 crores at the end of Q3 FY20-21. Further, it has posted net profit of Rs. 4.70 crores for the period ended March 31, 2021 as against net profit of Rs. 1.64 crores for the period ended December 31, 2020.

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Gujarat Reclaim & Rubber Products Dividend Record Date

The company has not fixed any record date or ex-dividend date as of now. We will update it here as soon as it is available. 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.

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.

dividends9 telegram

dividends9 telegram

Above all, here is the copy of statement, the company has sent to the exchanges:

Further, we wish to inform you that the Board of Directors at its meeting held on 21st May, 2021, has recommended dividend of Rs. 2.50 per share (25%) for the year ended 31st March, 2021 subject to approval of the shareholders at the ensuing Annual General Meeting of the Company.

Important Dates

  • Company – Gujarat Reclaim & Rubber Products Limited
  • Script Name – GRPLTD (NSE) & 509152 (BSE)
  • Dividend Amount – 2.5 Rs Per Share
  • Dividend Type – Normal
  • Ex-Dividend Date – NA
  • Record Date – NA
  • Payment Date – NA

Also, you can find more information about Gujarat Reclaim & Rubber Products Ltd on National Stock Exchange and Moneycontrol – GRP Ltd is engaged in the production of reclaim rubber from scrap of whole tyres, tread peelings, natural rubber tubes, butyl tubes, moulded rubber products for different applications in both, tyre and non tyre rubber products.

 

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