The Board of Directors of Sundaram Clayton Limited at its meeting held on March 24, 2021, has declared Second Interim Dividend of Rs 11 per equity share. The Board meeting commenced on 11.00 A.M. and concluded at 11.25 A.M
Sundaram Clayton Limited Quarterly Result
The company reported standalone December 2020 Net Sales at Rs 370.51 crore. Quarterly Net Profit at Rs 38.24 crore in December 2020, up 9226.83% from Rs. 0.41 crore in December 2019. Meanwhile, EPS has increased to Rs. 18.90 in December 2020 from Rs. 0.20 in December 2019.
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Sundaram Clayton Limited Dividend Record Date
The company in its letter informed the exchanges that it has fixed April 2, 2021 as the Record date. Consequently, the declared dividend will be paid to those shareholders who hold shares in physical form or in electronic form and whose names appear in the Register of Members and / or Depositories respectively, as at the close of working hours of 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. Above all, 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:
At the meeting of the board of directors of the Company held today, the board declared a second interim dividend, for the financial year ending 31st March 2021, at the rate of Rs. 11/- per share (220%) on 2,02,32,085 equity shares of Rs.5/- each fully paid up, absorbing a sum of Rs. 22.26 Cr. Further, the second interim dividend declared will be paid on or after 9th April 2021.
Important Dates
- Company – Sundaram Clayton Limited
- Script Name – SUNCLAYLTD (NSE) and 520056 (BSE)
- Dividend Amount – 11 Rs Per Share
- Dividend Type – 2nd Interim
- Ex-Dividend Date – 30 March 2021
- Record Date – 02 April 2021
- Payment Date – On or after April 9, 2021.
Also, you can find more information about Sundaram Clayton Limited on National Stock Exchange and Moneycontrol – SUNCLAYLTD is a Chennai based TVS Group company under the chairmanship of Venu Srinivasan. It provides aluminium and magnesium castings for the automotive industry.
