Solitaire Machine Tools Ltd Declares Dividend of Rs 1

Solitaire Machine Tools Ltd Declares Dividend of Rs 1

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.

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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.

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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

 

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