The Board of Directors of Subex Ltd (SUBEX) at its meeting held on 15 May 2021, has declared Final Dividend of Rs 0.25 per equity share. The meeting concluded at 04:25 p.m.
Subex Ltd Q4 Result
The company posted a consolidated net profit of Rs 15.6 crore for the fourth quarter ended March 31, 2021. It had posted a net profit of Rs 31.99 crore in the year-ago period. Revenue from operations was at Rs 96.16 crore during the quarter under review compared to Rs 104.27 crore in the corresponding period of the previous year.
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Subex Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 2 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:
Please be informed that the agenda items summarized hereunder were discussed and approved at the Board Meeting held today at Bengaluru: Recommended a final dividend of Rs. 0.25/- (5%) per equity share of par value of Rs.5/- each for the financial year 2020-21, subject to the approval of the members at the ensuing Annual General Meeting.
Important Dates
- Company – Subex Ltd
- Script Name – SUBEX (NSE) and 532348 (BSE)
- Dividend Amount – 0.25 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 1 July 2021
- Record Date – 2 July 2021
- Payment Date – 8 August 2021
Also, you can find more information about Subex Ltd on National Stock Exchange and Moneycontrol – Subex Ltd is a global provider of Business Support Systems (BSS) to achieve competitive advantage through Business Optimization.
