The Board of Directors of Navin Fluorine Ltd (NAVINFLUOR) at its meeting held on 7 May 2021, has declared Final Dividend of Rs 6 per equity share. The Meeting of the Board of Directors commenced at 2:15 P.M. and concluded at 5:50 P.M.
Navin Fluorine Ltd Q4 Result
The company reported 21.64% yoy increase in consolidated sales revenues for the Mar-21 quarter at Rs 336.33 cr. The net profit in the quarter was down 72.6% at Rs 74.79 cr due to the exceptional tax. Net profit margins fell sharply from 98.6% in Mar-20 to 22.23% in Mar-21.
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Navin Fluorine Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 12 July 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.
Above all, here is the copy of statement, the company has sent to the exchanges:
We wish to inform you that the Board of Directors of the Company have has recommended final dividend of ₹ 6/- per share of the face value of ₹2/- each (i.e. 300% of the face value) which is subject to approval by the Members of the Company at the forthcoming 23rd Annual General Meeting.
Important Dates
- Company – Navin Fluorine Ltd
- Script Name – NAVINFLUOR (NSE) and 532504 (BSE)
- Dividend Amount – 6 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 9 July 2021
- Record Date – 12 July 2021
- Payment Date – 25 August 2021
Also, you can find more information about Navin Fluorine Ltd on National Stock Exchange and Moneycontrol – Navin Fluorine International Limited manufactures and sells speciality fluorochemicals in India and internationally. The company offers refrigerants to OEMs, service technicians, and equipment owners under the Mafron brand name for use in various applications.
