The Board of Directors of Sarda Energy & Minerals Limited (SARDAEN) at its meeting held on May 22, 2021, has declared Final Dividend of Rs 7.5 per equity share. The meeting started at 10.30 a.m. and concluded at 2.45 p.m.
Sarda Energy & Minerals Ltd Quarterly Result
Net profit of the company rose to Rs 139.45 crore in the quarter ended March 2021 as against net loss of Rs 32.27 crore during the previous quarter ended March 2020. Sales rose 62.53% to Rs 695.45 crore in the quarter ended March 2021 as against Rs 427.90 crore during the previous quarter ended March 2020.
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Sarda Energy & Minerals Limited Dividend Record Date
The company has not fixed any record date or ex-dividend date as of now. We will update it here as soon as it is available. In addition, the declared dividend will be paid on (—).
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:
In continuation to earlier intimation, please be informed that the Board of Directors of the Company at their meeting held today has recommended a dividend @ Rs. 7.50/- per share (75%) for the financial year 2020-21, subject to the approval of the shareholders in the general meeting.
Important Dates
- Company – Sarda Energy & Minerals Limited
- Script Name – SARDAEN (NSE) and 504614 (BSE)
- Dividend Amount – 7.5 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – NA
- Record Date – NA
- Payment Date – NA
Also, you can find more information about Sarda Energy & Minerals Ltd on National Stock Exchange and Moneycontrol – Sarda Energy & Minerals Ltd is one of the lowest cost producers of steel (sponge iron, billets, ingots, TMT bars) and one of the largest manufacturers and exporters of ferro alloys in India.
