The Board of Directors of Sundram Fasteners Limited (SUNDRMFAST) at its meeting held on Thursday, i.e. May 6, 2021 has declared second interim dividend of Rs 3.4 per equity share. The Board Meeting commenced at 08.00 a.m. and concluded at 01:05 p.m
Sundram Fasteners Ltd Quarterly Result
Sundram Fasteners reported the highest ever profit after tax (PAT) of Rs 130 crore as against Rs 46.80 crore during the quarter ended March 2021, an increase of 178%. The revenue from operations was at Rs 1,079.25 crores as against Rs 719.60 crores.
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Sundram Fasteners Ltd Dividend Record Date
The company in its letter has informed the exchange that it has fixed 19 May 2021 as the Record date. Further, the declared dividend will be paid on May 28, 2021.
To receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – In other words, if you buy shares on ex-dividend date, you will not be eligible to receive dividend. So, 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 you that the Board of Directors at their meeting has approved payment of Second Interim Dividend @ Rs 3.40 per share of Re 1/- each for the financial year ended March 31, 2021. The Second interim dividend will be paid to the shareholders on May 28, 2021 (Friday).
Important Dates
- Company – Sundram Fasteners Ltd
- Script Name – SUNDRMFAST (NSE) & 500403 (BSE)
- Dividend Amount – 3.4 Rs Per Share
- Dividend Type – 2nd Interim
- Ex-Dividend Date – 18 May 2021
- Record Date – 19 May 2021
- Payment Date – May 28, 2021
Also, you can find more information about Sundram Fasteners Ltd on National Stock Exchange and Moneycontrol – Sundram Fasteners Ltd – a part of TVS Group company, is one of the leading auto component manufacturers in India. The company is engaged in the manufacture of fasteners power train components sintered metal parts iron powder cold extruded parts iron power cold extruded parts radiator caps and wind energy components.
