The Board of Directors of Orient Electric Ltd (ORIENTELEC) held its meeting on January 7, 2022. It has declared an Interim Dividend of Rs 0.75 per equity share for the financial year 2021-22. The Board meeting commenced at 04:30 PM and concluded at 05:10 PM.
Orient Electric Ltd Q3FY22 Result
The company reported
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Orient Electric Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 2 February 2022 as the Record date. Further, payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on 2 February 2022.
The company in its letter has informed the exchanges that it has fixed 2 February 2022 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.
The record date/ cut-off date for the purpose of determining the name of members for entitlement of dividend, if declared, will be 2 February 2022.
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 2022.
Above all, here is the copy of statement, the company has sent to the exchanges:
Important Dates
- Company – Orient Electric Ltd
- Script Name – ORIENTELEC (NSE) and 541301 (BSE)
- Dividend Amount – 0.75 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 1 February 2022
- Record Date – 2 February 2022
- Payment Date – 18 February 2022
Also, you can find more information about Orient Electric Ltd on National Stock Exchange and Moneycontrol – Orient Electric Limited (OEL) is an Indian multinational electrical equipment manufacturer, based in New Delhi and part of CK Birla Group. It is one of the leading consumer electrical brands in India selling fans, lighting, home appliances and switchgears.