The Board of Directors of IG Petrochemicals Limited (IGPL) held its meeting on 24 May 2021. It has declared Final Dividend of Rs 7.5 per equity share for the financial year 2020-21. The meeting commenced at 5.45 p.m. and concluded at 7.20 p.m.
IG Petrochemicals Ltd Quarterly Result
The company reported quarterly Net Profit at Rs. 99.85 crore in March 2021 up 2424.61% from Rs. 3.96 crore in March 2020. Net Sales at Rs 424.40 crore in March 2021 up 58.06% from Rs. 268.51 crore in March 2020. IG Petro EPS has increased to Rs. 32.42 in March 2021 from Rs. 1.28 in March 2020.
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IG Petrochemicals Limited Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 16 July 2021 as the Record date. In addition, the declared dividend will be paid on 22 August 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 – 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:
With reference to the above, we wish to inform you that the Board of Directors at their meeting held today has recommended a dividend of Rs. 7.5/- per equity share of Rs. 10/- each for the financial year ended 31st March, 2021.
Important Dates
- Company – IG Petrochemicals Limited
- Script Name – IGPL (NSE) & 500199 (BSE)
- Dividend Amount – 7.5 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 15 July 2021
- Record Date – 16 July 2021
- Payment Date – 22 August 2021
Also, you can find more information about IG Petrochemicals Ltd on National Stock Exchange and Moneycontrol – IG Petrochemical’s principal business revolves around the production of Phthalic Anhydride, which is mainly used in the manufacture of Plasticizers for production of PVC products, shoe soles and other commodities.
