The Board of Directors of Minda Corporation Ltd (MINDACORP) at its meeting held on 18 May 2021, has declared Final Dividend of Rs 0.35 per equity share. The Meeting of the Board of Directors Commenced at 12:00 noon and concluded at 06:55 p.m.
Minda Corporation Ltd Quarterly Result
The company reported a consolidated profit after tax of Rs 12.92 crore for the March quarter against a loss of Rs 299.78 crore in the year-ago period. Total income rose by 45 per cent to Rs 801.30 crore during the quarter under review compared to Rs 552.50 crore in Q4FY20.
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Minda Corporation Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 2 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 Friday, i.e. 2 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:
We would like to inform that the Board of Directors of the Company at their meeting held on today has recommended a final dividend of Rs. 0.35 per equity share (17.5%) (face value of Rs. 2 per share) aggregating to Rs. 837 lakhs for the year ended 31 March 2021.
Important Dates
- Company – Minda Corporation Ltd
- Script Name – MINDACORP (NSE) and 538962 (BSE)
- Dividend Amount – 0.35 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 1 July 2021
- Record Date – 2 July 2021
- Payment Date – NA
Also, you can find more information about Minda Corporation Ltd on National Stock Exchange and Moneycontrol – Minda Corporation Limited is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Door System, Electronic Controllers for Electric Vehicles, Plastic Interiors.
