Mahindra EPC Irrigation Ltd Declares Dividend of Rs 1.2

Mahindra EPC Irrigation Ltd Declares Rs 1.2 Dividend (2021)

The Board of Directors of Mahindra EPC Irrigation Ltd (MAHEPC) at its meeting held on 11 May 2021, has declared Dividend of Rs 1.2 per equity share. The Meeting of the Board of Directors of the Company commenced at 5.30 p.m. and concluded at 7.30 p.m.

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Mahindra EPC Irrigation Ltd Q4 Result

The company has reported quarterly Net Profit at Rs. 4.07 crore in March 2021 down 57.48% from Rs. 9.57 crore in March 2020. EBITDA stands at Rs. 6.79 crore in March 2021 down 53.46% from Rs. 14.59 crore in March 2020. Net Sales at Rs 71.54 crore in March 2021 down 13.45% from Rs. 82.66 crore in March 2020.

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Mahindra EPC Irrigation Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 15 July 2021 as the Record date. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on 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.

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

This is to inform you that the Board of Directors of the Company at their Meeting held on 11th May, 2021, has recommended a Dividend of Rs. 1.20 (12%) per Equity Share of the face value of Rs. 10 each.

Important Dates

  • Company – Mahindra EPC Irrigation Ltd
  • Script Name – MAHEPC (NSE) and 523754 (BSE)
  • Dividend Amount – 1.2 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 14 July 2021
  • Record Date – 15 July 2021
  • Payment Date – 21 August 2021

Also, you can find more information about Mahindra EPC Irrigation Ltd on National Stock Exchange and Moneycontrol – E P C Industrie Ltd is a Mahindra Group company and they are the Manufacturers and suppliers of all components of drip, sprinkler irrigation systems.

 

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