Precision Camshafts Ltd Declares Final Dividend of Rs 1

Precision Camshafts Ltd Declares Rs 1 Final Dividend (2021)

The Board of Directors of Precision Camshafts Ltd (PRECAM) held its meeting on May 25, 2021. It has declared Final Dividend of Rs 1 per equity share for the financial year 2020-21. The meeting started at 12:30 PM and ended at 3:55 PM.

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Precision Camshafts Ltd Q4 Result

Quarterly Net Loss at Rs. 15.47 crore in March 2021 down 285.96% from Rs. 4.01 crore in March 2020. EBITDA stands at Rs. 13.49 crore in March 2021 down 56.6% from Rs. 31.08 crore in March 2020. Net Sales at Rs 218.83 crore in March 2021 up 21.93% from Rs. 179.47 crore in March 2020.

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Precision Camshafts Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 19 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:

In terms of the provisions of Regulation 30 and 33 of the SEBI, this is to inform you that, the Board
of Directors of the Company at its meeting held today i.e. 25th May, 2021 has recommended dividend @10% (i.e. Rs. 1/- per Equity Share of Rs. 10/- each).

Important Dates

  • Company – Precision Camshafts Ltd
  • Script Name – PRECAM (NSE) and 539636 (BSE)
  • Dividend Amount – 1 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 16 July 2021
  • Record Date – 19 July 2021
  • Payment Date – 26 August 2021

Also, you can find more information about Precision Camshafts Ltd on National Stock Exchange and Moneycontrol – Precision Camshafts Ltd is the worlds leading camshaft manufacturing company with a strong suite of manufacturing excellence. They produce over 150 varieties of camshafts serving over 40 clients in the automobile industry, particularly the small and mid-size passenger vehicle segment all over the world.

 

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