The Board of Directors of Indian Metals & Ferro Alloys Ltd (IMFA) held its meeting on 9th June, 2021. It has declared Final Dividend of Rs 7 per equity share for the financial year 2020-21.
Indian Metals & Ferro Alloys Ltd Dividend Record Date
The record date/ cut-off date for the purpose of determining the name of members for entitlement of dividend, if declared, at the ensuing AGM of the Company, will be 22 July 2021.
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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 – In conclusion, 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:
The Board of Directors of the Company at their meeting held on 9th June 2021, inter-alia, has recommended dividend of Rs 7/- per equity share of Rs 10/- each subject to approval of the shareholders in the forthcoming Annual General Meeting of the Company.
Important Dates
- Company – Indian Metals & Ferro Alloys Ltd
- Script Name – IMFA (NSE) and 533047 (BSE)
- Dividend Amount – 7 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 20 July 2021
- Record Date – 22 July 2021
- Payment Date – 23 August 2021
Also, you can find more information about Indian Metals & Ferro Alloys Ltd on National Stock Exchange and Moneycontrol – IMFA is India`s largest, fully integrated producer of Ferro Alloys. The company produces Ferro Chrome, Ferro Silicon, High Purity Ferro Silicon, and Ferro Silicon Magnesium for the domestic market as well as major international markets.
