The Board of Directors of Motherson Sumi Systems Ltd (MOTHERSUMI) at its meeting held on 2 June 2021, has declared Final Dividend of Rs 1.5 per equity share. The Board Meeting of the Company commenced at 10:00 Hours and concluded at 12:40 Hours
Motherson Sumi Systems Ltd Quarterly Result
The company reported consolidated net profit of ₹ 714 crore as against ₹ 183 crore in the same quarter last year. Revenue from operations advanced 18 per cent annually to ₹ 16,836 crore. Company’s tax expense declined to ₹ 65.64 crore in Q4FY21 as compared to ₹ 297.4 crore in the year ago quarter.
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Motherson Sumi Systems Ltd Dividend Record Date
The 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. 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.
Above all, here is the copy of statement, the company has sent to the exchanges:
The Board of Directors of the Company in their meeting held on Wednesday, June 2, 2021 has recommended a dividend of Rs. 1.50 (Rupee One and Fifty Paisa) per equity share (face value of Re. 1/- each) for the financial year ended March 31, 2021 on the Equity Share Capital of the Company.
Important Dates
- Company – Motherson Sumi Systems Ltd
- Script Name – MOTHERSUMI (NSE) and 517334 (BSE)
- Dividend Amount – 1.5 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – NA
- Record Date – NA
- Payment Date – NA
Also, you can find more information about Motherson Sumi Systems Ltd on National Stock Exchange and Moneycontrol – Motherson Sumi Systems Ltd is one of the largest manufacturers of wiring harnesses for commercial vehicles and rearview mirrors for passenger cars in the world. It is currently the largest auto parts provider in India.
