The Board of Directors of Polycab India Ltd (POLYCAB) at its meeting held on 13 May 2021, has declared Dividend of Rs 10 per equity share. The Board Meeting commenced at 2.15 p.m. and concluded at 6.55 p.m
Polycab India Ltd Q4 Result
The company reported 42.64% yoy rise in consolidated sales revenues for the Mar-21 quarter at Rs 3,037.44 cr. The sales revenues were sharply higher by 8.53% on a revenue base of Rs 2,799 cr in the Dec-20 quarter. The net profit for the Mar-21 quarter was up by 31.5% at Rs 281.44 cr.
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Polycab India Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 13 July 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Tuesday, 6 July 2021.
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:
With reference to the captioned subject, please be informed that the Board of Directors of the
Company at its meeting held today i.e. 13th May 2021 has recommended a dividend @ 100% i.e. Rs.10/- per equity
share of the face value of Rs. 10/- each for the financial year 2020-21.
Important Dates
- Company – Polycab India Ltd
- Script Name – POLYCAB (NSE) and 542652 (BSE)
- Dividend Amount – 10 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 12 July 2021
- Record Date – 13 July 2021
- Payment Date – 20 August 2021
Also, you can find more information about Polycab India Ltd on National Stock Exchange and Moneycontrol – Polycab is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods ‘FMEG’ under the ‘POLYCAB’ brand. Apart from wires and cables, they manufacture and sell FMEG products such as electric fans, LED lighting and luminaires, switches and switchgear, solar products and conduits & accessories.
