The Board of Directors of Solitaire Machine Tools Ltd (SOLIMAC) at its meeting held on 1 June 2021, has declared Dividend of Rs 1 per equity share. The Board meeting commenced at 10.00 a.m. and concluded at 12.00 p.m.
Solitaire Machine Tools Ltd Q4 Result
The company reported quarterly Net Profit at Rs. 1.19 crore in March 2021 up 1000.91% from Rs. 0.13 crore in March 2020. EBITDA stands at Rs. 0.98 crore in March 2021 up 216.13% from Rs. 0.31 crore in March 2020. Net Sales at Rs 6.57 crore in March 2021 up 121.66% from Rs. 2.96 crore in March 2020.
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Solitaire Machine Tools Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 8 July 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Thursday, 8 July 2021.
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:
Please be informed that the Board of Directors of the Company at its meeting held today has recommended dividend of 10% viz. 1.00 per equity share (face value of Rs. 10 each) for the financial year ended March 31, 2021.
Important Dates
- Company – Solitaire Machine Tools Ltd
- Script Name – 522152 (BSE)
- Dividend Amount – 1 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 7 July 2021
- Record Date – 8 July 2021
- Payment Date – 14 August 2021
Also, you can find more information about Solitaire Machine Tools Ltd on Bombay Stock Exchange and Moneycontrol – SOLIMAC is a leading manufacturer of Precision Centerless Grinders in India. SMTL offers Rebuilding and CNC Retrofitting services to customers for any model of Cincinnati Centerless Grinders