Sagarsoft (India) Ltd Declares Dividend of Rs 2.5

Sagarsoft (India) Ltd Declares Dividend of Rs 2.5

The Board of Directors of Sagarsoft (India) Ltd (SAGARSOFT) at its meeting held on 14 May 2021, has declared Dividend of Rs 2.5 per equity share. The meeting of the Board of Directors commenced at 4.30 pm and concluded at 6.00 P.M.

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Sagarsoft (India) Ltd Q4 Result

The company has reported total income of Rs. 11.20 crores during the period ended March 31, 2021 as compared to Rs. 10.94 crores during the period ended December 31, 2020. Further, it has posted net profit of Rs.1.40 crores for the period ended March 31, 2021 as against net profit of Rs.1.37 crores for the period ended December 31, 2020.

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Sagarsoft (India) Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 30 June 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:

We are pleased to inform that the Board of Directors at its meeting held on today, has recommended a
dividend of Rs. 2.50 per equity share of Rs. 10/- each (i.e. 25%) on the 55,60,000 equity shares of the company for the year ended March 31, 2021 and the same is subject to the approval of the shareholders at the ensuing Annual General Meeting.

Important Dates

  • Company – Sagarsoft (India) Ltd
  • Script Name – 540143 (BSE)
  • Dividend Amount – 2.5 Rs Per Share
  • Dividend Type – Normal
  • Ex-Dividend Date – 29 June 2021
  • Record Date – 30 June 2021
  • Payment Date – NA

Also, you can find more information about Sagarsoft (India) Ltd on Bombay Stock Exchange and Moneycontrol – Sagarsoft (India) delivers complete range of Information Technology solutions by leveraging domain expertise and knowledge acquired over the years in serving global organizations across different Industry spectrums.

 

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