Kanpur Plastipack Limited Declares Interim Dividend of Rs 1

Kanpur Plastipack Limited Declares Interim Dividend of Rs 1

The Board of Directors of Kanpur Plastipack Limited (KANPRPLA) at its meeting held on May 24, 2021, has declared Special Interim Dividend of Rs 1 per equity share. The Meeting of the Board of Directors commenced at 12:05 PM and concluded at 2:58 PM.

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The company reported quarterly Net Profit at Rs. 11.66 crore in March 2021 up 2335.12% from Rs. 0.48 crore in March 2020. EBITDA stands at Rs. 21.91 crore in March 2021 up 318.93% from Rs. 5.23 crore in March 2020. Net Sales at Rs 155.20 crore in March 2021 up 79.77% from Rs. 86.33 crore in March 2020.

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Kanpur Plastipack Limited Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 3 June 2021 as the Record date. In addition, the declared dividend will be paid on 7 June 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.

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Moreover, Here is the copy of statement, the company has sent to the exchanges:

Kanpur Plastipack Ltd has informed BSE that the Company has Completed 50 years of its existence and celebrating its Golden Jubilee year. To Mark the ocassion, the Board of Directors of the Company in their meeting held on May 24, 2021, has approved the payment of Special Interim Dividend @ 10% i.e. Rs. 1.00 per equity shares.

Important Dates

  • Company – Kanpur Plastipack Limited
  • Script Name – KANPRPLA (NSE) and 507779 (BSE)
  • Dividend Amount – 1 Rs Per Share
  • Dividend Type – Special Interim
  • Ex-Dividend Date – 2 June 2021
  • Record Date – 3 June 2021
  • Payment Date – 7 June 2021

Also, you can find more information about Kanpur Plastipack Ltd on National Stock Exchange and Moneycontrol – Kanpur Plastipack Limited (KPL) is one of India’s most reputable manufacturers of bulk bags or Flexible Intermediate Bulk Containers (FIBC) and other industrial packaging.

 

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