Rallis India Limited Declares Final Dividend of Rs 3

Rallis India Limited Declares Final Dividend of Rs 3

The Board of Directors of Rallis India Limited at its meeting held on April 22, 2021, has declared Final Dividend of Rs 3 per equity share. The dividend will be paid on and from Tuesday, June 29, 2021.

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Rallis India Limited Quarterly Result

Rallis India’s net profit surged 1094.10% to Rs 8.12 crore on 36.1% surge in net sales to Rs 471.26 crore in Q4 FY21 over Q4 FY20. The company’s consolidated PAT stood at Rs 68 lakh during the corresponding period of 2019-20. Consolidated revenue from operations of the company during the quarter under review grew to Rs 471.26 crore compared to Rs 355.79 crore earlier.

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Rallis India Limited Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 9 June 2021 as the Record date. In addition, the declared dividend will be paid on and after June 29, 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.

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Above all, here is the copy of statement, the company has sent to the exchanges:

Pursuant to Regulation 30 read with Schedule III Part A Para A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Thursday, April 22, 2021, has recommended a dividend of Rs. 3 per share i.e. 300% for the financial year 2020-21 subject to the approval of the shareholders at the ensuing 73rd AGM of the Company.

Important Dates

  • Company – Rallis India Limited
  • Script Name – RALLIS (NSE) and 500355 (BSE)
  • Dividend Amount – 3 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 9 June 2021
  • Record Date – 10 June 2021
  • Payment Date – On and after June 29, 2021

Also, you can find more information about Rallis India Limited on National Stock Exchange and Moneycontrol – Rallis India is a subsidiary of Tata Chemicals, with its business presence in the Farm Essentials vertical. It is one of India’s leading crop care companies. It is engaged in the business of manufacture and marketing of Agri Inputs.

 

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