The Board of Directors of Jindal Saw Ltd (JINDALSAW) at its meeting held on May 27, 2021, has declared Final Dividend of Rs 2 per equity share. The Board Meeting commenced at 6:30 p.m. and concluded at 9.05 p.m.
Jindal Saw Ltd Quarterly Result
The company reported 30.43% yoy growth in consolidated revenues for the Mar-21 quarter at Rs 3,783.85 cr. Total sales revenues were up 32.09% compared to total revenues in the Dec-20 quarter at Rs 2,864.68 cr. Jindal Saw Q4 net increased by 461% to Rs 184.10 cr despite sales growth at only 30.43% on a yoy basis.
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Jindal Saw Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 9 July 2021 as the Record date. In addition, the declared dividend will be paid within 30 days of Record date.
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.
Above all, here is the copy of statement, the company has sent to the exchanges:
This is with reference to the captioned subject, we wish to inform you that pursuant to Regulation
30(2) read with Schedule III Part A Para A of the Listing Regulations, subject to the approval of members, the Board recommended a dividend of Rs. 2/— per equity shares of face value of Rs. 2/- each for the financial year ended 31st March, 2021.
Important Dates
- Company – Jindal Saw Ltd
- Script Name – JINDALSAW (NSE) and 500378 (BSE)
- Dividend Amount – 2 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 8 July 2021
- Record Date – 9 July 2021
- Payment Date – 15 August 2021
Also, you can find more information about Jindal Saw Ltd on National Stock Exchange and Moneycontrol – Jindal Saw Ltd is a leading global manufacturer and supplier of Iron & steel pipe products and accessories with manufacturing facilities located at three places in India.
