NCL Industries Ltd Declares 2nd Interim Dividend of Rs 1.5

NCL Industries Ltd Declares 2nd Interim Dividend of Rs 1.5

The Board of Directors of NCL Industries Limited (NCLIND) at its meeting held on Monday, i.e. 3 May, 2021 has recommended payment of second interim dividend of Rs. 1.5 per equity share. The meeting commenced at 10:30 Hrs and concluded at 11:20 Hrs

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NCL Industries Ltd Quarterly Result

On a consolidated basis, the company posted a net profit of Rs 41.59 crore in Q3 FY21 from Rs 5.43 crore posted in Q3 FY20. Net sales jumped 75.4% to Rs 369.49 crore in Q3 FY21 over Q3 FY20. The company’s cement production increased 33% year on year to 691,136 metric tonnes (MT) in Q4 March 2021.

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NCL Industries Ltd Dividend Record Date

The company in its letter has informed the exchange that it has fixed 14 May 2021 as the Record date. Further, the declared dividend will be paid within 30 days of record date.

To receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – In other words, if you buy shares on ex-dividend date, you will not be eligible to receive dividend. So, Bookmark our website for latest and upcoming dividend announced by companies in 2021.

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Moreover, Here is the copy of statement, the company has sent to the exchanges:

With reference to above, we wish to inform you that the Board of Directors in their meeting held today have approved payment of Second Interim Dividend of Rs. 1.50 per share (i.e. 15%) on the Equity Share of Rs.10/-each for the financial year 2020-21.

Important Dates

  • Company – NCL Industries Ltd
  • Script Name – NCLIND (NSE) & 502168 (BSE)
  • Dividend Amount – 1.5 Rs Per Share
  • Dividend Type – 2nd Interim
  • Ex-Dividend Date – 12 May 2021
  • Record Date – 14 May 2021
  • Payment Date – Within 1 Month

Also, you can find more information about NCL Industries Ltd on National Stock Exchange and Moneycontrol – NCL Industries Limited is an India-based company that operates in five segments: Cement, Boards, Prefab structures, Hydel Power and Ready Mix Concrete.

 

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