The Board of Directors of Hindustan Composites Ltd (HINDCOMPOS) held its meeting on 26 May 2021. It has declared Final Dividend of Rs 2 per equity share for the year 2020-21. The meeting of the Board of Directors commenced at 4.30 p.m. and concluded at 6.15 p.m.
Hindustan Composites Ltd Q4 Result
The company has reported total income of Rs. 58.29 crores during the period ended March 31, 2021 as compared to Rs. 51.28 crores during the period ended December 31, 2020. Further, it has posted net profit of Rs. 5.38 crores for the period ended March 31, 2021 as against net profit of Rs. 4.87 crores for the period ended December 31, 2020.
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Hindustan Composites Ltd Dividend Record Date
The company in its letter informed the exchanges that it has fixed (…) as the Record date. The dividend if
approved at the ensuing Annual General Meeting of the Company, shall be paid/dispatched between 7th October, 2021 to 20th October, 2021.
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 other words, 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.
Moreover, here is the copy of statement, the company has sent to the exchanges:
We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. 26th May, 2021, recommended the payment of dividend on Equity Shares of Rs. 5/- each @ Rs. 2/- (Rupees Two only) per share for the financial year ended 31st March, 2021, subject to approval of the shareholders in the ensuing Annual General Meeting of the Company.
Important Dates
- Company – Hindustan Composites Ltd
- Script Name – HINDCOMPOS (NSE) and 509635 (BSE)
- Dividend Amount – 2 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – NA
- Record Date – NA
- Payment Date – On or after 7 October 2021
Also, you can find more information about Hindustan Composites Ltd on National Stock Exchange and Moneycontrol – Hindustan Composites’s specialization in friction materials covers automobile brake linings clutch facings and disc brake pads railway brake blocks and woven and moulded industrial friction materials.
