Kirloskar Ferrous Industries Ltd Declares Final Dividend of Rs 3

Kirloskar Ferrous Industries Ltd Declares Rs 3 Final Dividend (2021)

The Board of Directors of Kirloskar Ferrous Industries Ltd (KIRLFER) at its meeting held on 13 April 2021, has declared Final Dividend of Rs 3 per equity share. The meeting of the Board of Directors of the Company commenced at 10:00 a.m. and concluded at 2:10 p.m.

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Kirloskar Ferrous Industries Ltd Q4 Result

The company reported total income of Rs. 749.69 crores during the period ended March 31, 2021 as compared to Rs. 590.66 crores during the period ended December 31, 2020. It posted net profit of Rs. 135.33 crores for the period ended March 31, 2021 as against net profit of Rs. 118.32 crores for the period ended December 31, 2020.

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Kirloskar Ferrous Industries Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 17 July 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Saturday, 17 July 2021.

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.

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Above all, here is the copy of statement, the company has sent to the exchanges:

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; we inform that the Board of Directors at its meeting held today has recommended Final Dividend of Rs. 3 per equity share of Rs. 5 each (i.e. 60 percent) for the financial year 2020–2021.

Important Dates

  • Company – Kirloskar Ferrous Industries Ltd
  • Script Name – KIRLFER (NSE) and 500245 (BSE)
  • Dividend Amount – 3 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 15 July 2021
  • Record Date – 17 July 2021
  • Payment Date – 26 August 2021

Also, you can find more information about Kirloskar Ferrous Industries Ltd on National Stock Exchange and Moneycontrol – KFIL was incorporated with the objective of catering to the requirement of high quality Pig Iron and intricate, thin walled grey iron castings to the emerging in Tractor, Auto, Engine and other related segments.

 

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