The Board of Directors of MM Forgings Ltd (MMFL) at its meeting held on 21 June 2021, has declared Interim Dividend of Rs 5 per equity share. The meeting of the Board of Directors commenced at 14.30 Hrs (IST) and concluded at 16.40 Hrs (IST).
MM Forgings Ltd Q4 Result
The company reported total income of Rs. 294.91 cr during the period ended March 31, 2021 as compared to Rs. 228.59 cr during the period ended December 31, 2020. It has posted net profit of Rs. 34.12 cr for Q4 as against net profit of Rs. 15.47 cr QoQ. EPS has come in at Rs. 14.14 for the quarter compared to Rs. 6.41 in the quarter ago.
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MM Forgings 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, 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:
In Compliance with Regulation 33 of SEBI ( LODR ) Regulations, 2015, we wish to inform you that the Board of Directors at its Meeting held today, 21 June 2021 have inter alia declared an interim dividend of 50 % (₹ 5 per equity share). The Dividend shall be payable on or before 20 July 2021.
Important Dates
- Company – MM Forgings Ltd
- Script Name – MMFL (NSE) and 522241 (BSE)
- Dividend Amount – 5 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 1 July 2021
- Record Date – 2 July 2021
- Payment Date – 20 July 2021
Also, you can find more information about MM Forgings Ltd on National Stock Exchange and Moneycontrol – M.M. Forgings Limited engages in the manufacture and sale of iron and steel forgings in India. The company offers steel forgings in raw, semi-machined, and fully machined stages in various grades of carbon, alloy, micro alloy, and stainless steels.
