The Board of Directors of Shriram City Union Finance Limited at its meeting held on March 26, 2021, has declared Second Interim Dividend of Rs 10 per equity share. The Board meeting commenced on 1.30 a.m. and ended at 13.30 p.m.
Shriram City Union Finance Quarterly Result
Quarterly Net Profit at Rs. 279.70 crore in December 2020 down 5.75% from Rs. 296.76 crore in December 2019. EBITDA stands at Rs. 926.12 crore in December 2020 down 0.79% from Rs. 933.54 crore in December 2019. Net Sales at Rs 1,437.90 crore in December 2020 down 2.12% from Rs. 1,469.03 crore in December 2019.
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Shriram City Union Finance Dividend Record Date
The company has fixed April 6, 2021 as the Record date, in its letter it informed to the exchanges. Consequently, the declared dividend will be paid to those shareholders whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares determined with reference to the 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 wish to inform that Board of Directors at their meeting held today among other items have inter alia declared 2nd interim dividend of & 10/- (i.e. 100%) per equity share of & 10/- each for the financial year 2020-2021. The 2nd interim dividend shall be paid/dispatched on or before April 19, 2021.
Important Dates
- Company – Shriram City Union Finance
- Script Name – SHRIRAMCIT (NSE) and 532498 (BSE)
- Dividend Amount – 20 Rs Per Share
- Dividend Type – 2nd Interim
- Ex-Dividend Date – 06 April 2021
- Record Date – 07 April 2021
- Payment Date – On or before April 19, 2021.
Also, you can find more information about Shriram City Union Finance Limited on National Stock Exchange and Moneycontrol – Shriram City is prominent in the retail financing space, and among the largest financiers of MSMEs and Two Wheelers in the country. It also offers multiple loan products for acquiring assets such as commercial vehicles, passenger vehicles and home loans.
