The Board of Directors of Saregama India Limited held its meeting on March 23, 2021. It has declared an Interim Dividend of Rs 20 per equity share for financial year 2020-21. The Board meeting commenced on 11:00 a.m. and concluded at 11:30 a.m.
SAREGAMA Quarterly Result
The company had reported a three-fold jump in net profit at Rs 31.6 crore for December 2020 quarter. The company had reported a profit of Rs 10.5 crore in the year-ago quarter. On quarter on quarter (QoQ) basis, net profit grew 9 per cent from Rs 28.9 crore.
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SAREGAMA Dividend Record Date
The company in its letter informed the exchanges that it has fixed April 6, 2021 as the Record date. Consequently, the declared dividend will be paid to those members whose names appear in the Register of Members of the Company on Record date.
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.
Moreover, here is the copy of statement, the company has sent to the exchanges:
We would like to inform you that a meeting of the Board of Directors of the Company was held today i.e. March 23, 2021, wherein the Board has considered and declared an interim dividend @INR 20 per equity share (i.e. 200%) on the paid-up equity share capital of the Company. Further, April 6, 2021 is the Record date to ascertain the eligibility of members to receive the said interim dividend.
Important Dates
- Company – Saregama India Limited
- Script Name – SAREGAMA (NSE) and 532163 (BSE)
- Dividend Amount – 20 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 05 April 2021
- Record Date – 06 April 2021
Also, you can find more information about Saregama India Limited on National Stock Exchange and Moneycontrol – Saregama India Ltd. is India’s oldest music label owned by RP- Sanjiv Goenka Group of companies. It also produces films under the brand name Yoodlee Films and multi-language Television content.
