The Board of Directors of Kirloskar Pneumatic Co. Ltd (MMFL) at its meeting held on 29 April 2021, has declared Final Dividend of Rs 3.5 per equity share. The meeting of the Board of Directors of the Company commenced at 11:15 AM. and concluded at 1 :45 P.M.
Kirloskar Pneumatic Co. Ltd Q4 Result
Net profit of Kirloskar Pneumatic Company rose 109.40% to Rs 50.32 crore in the quarter ended March 2021 as against Rs 24.03 crore during the previous quarter ended March 2020. Sales rose 82.77% to Rs 415.08 crore in the quarter ended March 2021 as against Rs 227.10 crore during the previous quarter ended March 2020.
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Kirloskar Pneumatic Co. Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 12 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 Monday, 12 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.
Above all, here is the copy of statement, the company has sent to the exchanges:
The Board of Directors at its meeting held on April 29, 2021 have recommended a final dividend of 175% (Rs. 3.50 per equity share) for the Financial Year 2020-21, subject to the approval of Members at the ensuing Annual General Meeting and shall be paid through National Electronic Clearing System (NECS) or vide dividend warrants, as the case may be.
Important Dates
- Company – Kirloskar Pneumatic Co. Ltd
- Script Name – 505283 (BSE)
- Dividend Amount – 3.5 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 9 July 2021
- Record Date – 12 July 2021
- Payment Date – 19 August 2021
Also, you can find more information about Kirloskar Pneumatic Co. Ltd on Bombay Stock Exchange and Moneycontrol – Kirloskar Pneumatic Co. Ltd operates in two segments: compression systems and transmission products. Compression system offers a range of air compressors in 15 product categories.
