MOIL Limited Declares Final Dividend of Rs 4.9

MOIL Limited Declares Final Dividend of Rs 4.9

The Board of Directors of MOIL Limited (MOIL) at its meeting held on 4 June 2021, has declared Final Dividend of Rs 4.9 per equity share. Meeting Started at 2:00 p.m. and Concluded at 5:00 p.m.

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MOIL Limited Q4 Result

The company reported 81.03% yoy rise in consolidated net revenues for the Mar-21 quarter at Rs 450.14 cr. Net sales revenues were up 68.14% compared to total revenues in the Dec-20 quarter at Rs 267.71 cr.

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MOIL Limited Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 10 September 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 further to our letter dated 25.05.2021, wherein the Exchange was informed about the date of Board meeting to consider and approve the audited financial results of the Company. This is to inform to Exchange that the Board of Directors of the Company in their meeting held today Recommended Final Dividend of Rs. 4.90 per Equity Share of Face Value of Rs.10 each.

Important Dates

  • Company – MOIL Limited
  • Script Name – MOIL (NSE) and 533286 (BSE)
  • Dividend Amount – 4.9 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 8 September 2021
  • Record Date – 10 September 2021
  • Payment Date – 29 October 2021

Also, you can find more information about MOIL Limited on National Stock Exchange and Moneycontrol – MOIL Limited is a miniratna state-owned manganese ore mining company. With a market share of 50%, it is the largest producer of manganese ore in India.

 

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