Piramal Enterprises Ltd Declares Final Dividend of Rs 33

Piramal Enterprises Ltd Declares Final Dividend of Rs 33

The Board of Directors of Piramal Enterprises Ltd (PEL) at its meeting held on 13 May 2021, has declared Final Dividend of Rs 33 per equity share. The meeting commenced at 2.45 p.m. and is expected to conclude by 5:30 p.m.

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Piramal Enterprises Ltd Q4 Result

The company reported consolidated net loss to Rs 510.39 crore for the quarter ended March 31, 2021. It had posted a net loss of Rs 1,702.59 crore for the corresponding period of the previous fiscal year. Revenue from operations stood at Rs 3,401.56 crore in the quarter under review. It was Rs 3,341 crore in the year-ago period.

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Piramal Enterprises Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 7 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:

Kindly refer to our letter dated 6th May 2021 , we wish to inform you that the Board of Directors of the Company, at its meeting held today, inter alia, have recommended a Dividend of Rs. 33 /- (Rupees Thirty-Three only) per equity share of face value of Rs. 2/- each (i.e. @1,650 %) for the approval of the shareholders.

Important Dates

  • Company – Piramal Enterprises Ltd
  • Script Name – PEL (NSE) and 500302 (BSE)
  • Dividend Amount – 33 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 6 July 2021
  • Record Date – 7 July 2021
  • Payment Date – 15 August 2021

Also, you can find more information about Piramal Enterprises Ltd on National Stock Exchange and Moneycontrol – Piramal Enterprises Ltd is one of the largest pharmaceutical companies in India.The company operates two divisions namely healthcare solutions and pharma solutions.

 

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