The Board of Directors of Seshasayee Paper & Boards Ltd (SESHAPAPER) at its meeting held on 8 May 2021, has declared Dividend of Rs 2.5 per equity share. The meeting commenced at 11.00 AM and concluded at 2.00 PM.
Seshasayee Paper & Boards Ltd Q4 Result
Net profit of the company rose 38.37% to Rs 61.45 crore in the quarter ended March 2021 as against Rs 44.41 crore during the previous quarter ended March 2020. Sales rose 2.36% to Rs 327.82 crore in the quarter ended March 2021 as against Rs 320.26 crore during the previous quarter ended March 2020.
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Seshasayee Paper & Boards Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 14 July 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.
Above all, here is the copy of statement, the company has sent to the exchanges:
The Board of Directors of the Company at their meeting held on May 08, 2021 through Video Conference, recommended payment of Dividend of Rs. 2.50 per Equity Share of Rs. 2 each, for the financial year 2020-21 for approval of the Members of the Company at the ensuing Annual General Meeting.
Important Dates
- Company – Seshasayee Paper & Boards Ltd
- Script Name – SESHAPAPER (NSE) and 502450 (BSE)
- Dividend Amount – 2.5 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 13 July 2021
- Record Date – 14 July 2021
- Payment Date – 23 August 2021
Also, you can find more information about Seshasayee Paper & Boards Ltd on National Stock Exchange and Moneycontrol – Seshasayee Paper & Boards Ltd operates an integrated pulp, paper and paper board Mill. The product range of the company includes MF I And MF II, MG,Yankee and MF3.
