Onward Technologies Ltd Declares Final Dividend of Rs 3

Onward Technologies Ltd Declares Final Dividend of Rs 3

The Board of Directors of Onward Technologies Ltd (ONWARDTEC) at its meeting held on 14 May 2021, has declared Final Dividend of Rs 3 per equity share. Board Meeting started at 11.00 A.M. and concluded at 12:15 P.M.

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Onward Technologies Ltd Q4 Result

Net profit of Onward Technologies reported to Rs 2.17 crore in the quarter ended March 2021 as against net loss of Rs 2.98 crore during the previous quarter ended March 2020. Sales rose 1.13% to Rs 66.33 crore in the quarter ended March 2021 as against Rs 65.59 crore during the previous quarter ended March 2020.

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Onward Technologies Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 8 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.

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Above all, here is the copy of statement, the company has sent to the exchanges:

We hereby inform that the Board of Directors of the Company at its meeting held on Friday, May 14, 2021 have recommended final dividend of Rs. 3/- per equity share for the financial year ended March 31, 2021.

Important Dates

  • Company – Onward Technologies Ltd
  • Script Name – ONWARDTEC (NSE) and 517536 (BSE)
  • Dividend Amount – 3 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 7 July 2021
  • Record Date – 8 July 2021
  • Payment Date – 14 August 2021

Also, you can find more information about Onward Technologies Ltd on National Stock Exchange and Moneycontrol – Onward Technologies Limited engages in the provision of mechanical engineering designing and information technology consulting services primarily in India, the United States, and Europe.

 

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