Havells India Limited Declares Final Dividend of Rs 3.5

Havells India Limited Declares Final Dividend of Rs 3.5

The Board of Directors of Havells India Limited (HAVELLS) at its meeting held on May 20, 2021, has declared Final Dividend of Rs 3.5 per equity share. The Board Meeting commenced at 2:15 p.m. and concluded at 5:05 p.m.

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Havells India Limited Quarterly Result

Havells India on thursday reported reported 70.95 per cent rise in consolidated net profit at Rs 303.83 crore for the fourth quarter ended March 31, 2021. Revenue from operations was up 50.59 per cent to Rs 3,339.21 crore during the period under review as against Rs 2,217.44 crore in the corresponding period of 2019-20.

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Havells India Limited Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 18 June 2021 as the Record date. The Dividend, if approved by the shareholders in the forthcoming Annual General Meeting (AGM) of the Company, shall be paid/ dispatched to the shareholders on or before 30 days from the date of AGM.

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.

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

With reference to the captioned subject, please find enclosed herewith, the extracts of the
Standalone and Consolidated Audited Financial Results of the Company for the fourth quarter. Further, the Board of Directors decided to recommend a Final Dividend @ Rs. 3.50 per equity share of Re. 1/- each for the financial year 2020-21.

Important Dates

  • Company – Havells India Limited
  • Script Name – HAVELLS (NSE) and 517354 (BSE)
  • Dividend Amount – 3.5 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 17 June 2021
  • Record Date – 18 June 2021
  • Payment Date – Within 30 days.

Also, you can find more information about Havells India Limited on National Stock Exchange and Moneycontrol – Havells India Limited, is an Indian electrical equipment company. It has products ranging from home and kitchen appliances, lighting for domestic, commercial and industrial applications, LED lighting, fans, modular switches and wiring accessories & water heaters.

 

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