The Board of Directors of Swaraj Engines Ltd (SWARAJENG) at its meeting held on 20 April 2021, has declared Dividend of Rs 50 per equity share. It has also declared a special dividend of Rs 19 per equity share. The meeting of the Board of Directors of the Company commenced at 3.15 P.M. and concluded at 5:00 P.M.
Swaraj Engines Ltd Q4 Result
SEL achieved its ever best Q4 engine sales of 33,831 units by registering a growth of 62.4% over same period last year’s sale of 20,827 units. Operating profit for Q4 FY21 stood at Rs 46.18 crore as against last year’s operating profit of Rs 23.38 crore, recording a 97.5% Y-o-Y jump.
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Swaraj Engines 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:
This is to inform that the Board of Directors of Swaraj Engines limited in their meeting held today has recommended an equity dividend of 500% (Rs. 50 per share) for the financial year ended 31st March, 2021. Further, the Board, over and above the said normal dividend, has also recommended a special dividend payment of 190% (Rs. 19 per share), taking the total dividend to 690 % (Rs 69 per share) for FY 2020-21.
Important Dates
- Company – Swaraj Engines Ltd
- Script Name – SWARAJENG (NSE) and 500407 (BSE)
- Dividend Amount – 50 + 19 Rs Per Share
- Dividend Type – Normal + Special
- Ex-Dividend Date – 1 July 2021
- Record Date – 2 July 2021
- Payment Date – Before 31 July 2021
Also, you can find more information about Swaraj Engines Ltd on National Stock Exchange and Moneycontrol – Swaraj Engines Ltd (SEL) was started in technical and financial collaboration with Kirloskar Oil Engines (KOEL) for manufacture of Diesel Engines.In recent years SEL has also been a supplier of hi-tech engine components to Swaraj Mazda (SML).
