Sanofi India Ltd Declares Final Dividend of Rs 125

Sanofi India Ltd Declares Final Dividend of Rs 125

The Board of Directors of Sanofi India Ltd (SANOFI) held its meeting on February 23, 2021. It has declared Final Dividend of Rs 125 & special dividend of Rs 240 per equity share for the year ended 31 December 2020. The Board meeting commenced on 02.30 P.M. and concluded at 05.40 P.M.

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Sanofi India Limited Q3 Result

Quarterly Net Profit at Rs. 123.00 crore in December 2020 up 26.41% from Rs. 97.30 crore in December 2019. Net Sales at Rs 720.30 crore in December 2020 down 12.83% from Rs. 826.30 crore in December 2019. Sanofi India EPS has increased to Rs. 53.41 in December 2020 from Rs. 42.26 in December 2019.

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Sanofi India Ltd Dividend Record Date

The company in its letter informed the exchanges that it has fixed April 20, 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 April 20, 2021.

To receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – In other words, 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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Moreover, here is the copy of statement, the company has sent to the exchanges:

We refer to our letter dated 8th February 2021 informing you of our Board Meeting that was scheduled today. It has recommend for payment of a final dividend of Rs. 125 per equity share of Rs. 10 each and a special dividend of Rs. 240 per equity share of Rs. 10 each for the year ended 31 December 2020. The final and the special dividend, if approved by the share holders will be paid on or after 4th May 2021.

Important Dates

  • Company – Sanofi India Ltd
  • Script Name – SANOFI (NSE) and 500674 (BSE)
  • Dividend Amount – 125 + 240 Rs Per Share
  • Dividend Type – Final + Special
  • Ex-Dividend Date – 19 April 2021
  • Record Date – 20 April 2021
  • Payment Date – On or after 4th May 2021

Also, you can find more information about Sanofi India Ltd on National Stock Exchange and Moneycontrol – Sanofi India Limited, headquartered in Mumbai, is a part of Sanofi group. Its primary business is medicines in the dosage forms of liquid injectables, tablets, capsules, ointments, drops and syrup.

 

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