Mangalam Cement Limited Declares Dividend of Rs 1.5

Mangalam Cement Limited Declares Dividend of Rs 1.5

The Board of Directors of Mangalam Cement Limited (MANGLMCEM) held its meeting on 22 May 2021. It has declared Dividend of Rs 1.5 per equity share for the financial year 2020-21. The Board Meeting was commenced at 03.00 PM and concluded at 4.17 PM.

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Mangalam Cement Ltd Quarterly Result

Net profit of Mangalam Cement rose 134.54% to Rs 36.40 crore in the quarter ended March 2021 as against Rs 15.52 crore during the previous quarter ended March 2020. Sales rose 38.42% to Rs 410.82 crore in the quarter ended March 2021 as against Rs 296.80 crore during the previous quarter ended March 2020.

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Mangalam Cement Dividend Record Date

TThe company has not fixed any record date or ex-dividend date as of now. We will update it here as soon as it is available. In addition, the declared dividend will be paid on (—).

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:

We hereby inform you that the Board, at its meeting held today i.e. May 22, 2021 has recommended a dividend of Rs. 1.50/- per equity share of Rs . 10/- each for the year ended 31st March, 2021, subject to approval of shareholders at the ensuing Annual General Meeting of the Company and shall be paid within the statutory time period.

Important Dates

  • Company – Mangalam Cement Limited
  • Script Name – MANGLMCEM (NSE) & 502157 (BSE)
  • Dividend Amount – 1.5 Rs Per Share
  • Dividend Type – Normal
  • Ex-Dividend Date – NA
  • Record Date – NA
  • Payment Date – NA

Also, you can find more information about Mangalam Cement Ltd on National Stock Exchange and Moneycontrol – Mangalam Cement Ltd is a cement manufacturing company whose product range includes Birla Uttam Cement- 43 Grade, Birla Uttam Cement- 53 Grade and Birla Uttam Cement- Portland pozzolana cement (PPC).

 

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