The Board of Directors of Ponni Sugars (Erode) Ltd (PONNIERODE) at its meeting held on 7 May 2021, has declared Dividend of Rs 4 per equity share. It has also declared special dividend of Rs 1. The meeting commenced at 10.25 hrs and concluded at 1.45 p.m.
Ponni Sugars (Erode) Ltd Q4 Result
The company has reported total income of Rs. 63.63 crores during the period ended March 31, 2021 as compared to Rs. 55.15 crores during the period ended December 31, 2020. It has posted net profit of Rs. 7.91 crores for the period ended March 31, 2021 as against net profit of Rs. 0.64 crores for the period ended December 31, 2020.
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Ponni Sugars (Erode) Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 7 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 Wednesday, 7 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:
We wish to state that the Board of Directors of the Company at their meeting held on 07-05-2021 have recommended payment of dividend of Rs. 4 plus a Silver Jubilee Special Dividend of Re. 1 totaling to a Dividend of Rs. 5 per Equity Share of Rs. 10 each for the financial year 2020-21.
Important Dates
- Company – Ponni Sugars (Erode) Ltd
- Script Name – PONNIERODE (NSE) and 532460 (BSE)
- Dividend Amount – 4 + 1 Rs Per Share
- Dividend Type – Normal + Special
- Ex-Dividend Date – 6 July 2021
- Record Date – 7 July 2021
- Payment Date – 26 July 2021
Also, you can find more information about Ponni Sugars (Erode) Ltd on National Stock Exchange and Moneycontrol – PONNIERODE Ltd is engaged in the manufacturing of sugar and its by products. The company manufactures cane sugar, cane molasses and bagasse.
