Tata Elxsi Ltd Declares Final Dividend of Rs 24

Tata Elxsi Ltd Final Dividend 2021

The Board of Directors of Tata Elxsi Ltd (TATAELXSI) at its meeting held on April 22, 2021, has declared Final Dividend of Rs 24 per equity share. It has also declared a special dividend of Rs. 24.

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Tata Elxsi Ltd Quarterly Result

Tata Elxsi recorded 43.7% jump in net profit to Rs 368.12 crore on 13.4% growth in net sales to Rs 1826.16 crore in the year ended 31 March 2021 over the year ended 31 March 2020. EBITDA margin stood at 32.4% in Q4 March 2021 compared with 30.1% in Q3 December 2020.

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Tata Elxsi Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 18 June 2021 as the Record date. The dividend will be payable to the beneficial owners as at close of business hours on June 18, 2021 as per details furnished by the Depositories for this purpose.

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:

Further we are pleased to inform that the Board of Directors has recommended the below dividends on Equity shares of Rs. 10 each of the Company, subject to approval of the members at the forthcoming Annual General Meeting: A) Final Dividend of 240 % at Rs. 24 per share for the year 2020-21, subject to tax. B) One-time Special Dividend of 240 % at Rs. 24 per share, subject to tax.

Important Dates

  • Company – Tata Elxsi Ltd
  • Script Name – TATAELXSI (NSE) and 500408 (BSE)
  • Dividend Amount – 24 + 24 Rs Per Share
  • Dividend Type – Final + Special
  • Ex-Dividend Date – 17 June 2021
  • Record Date – 18 June 2021
  • Payment Date – Within 30 Days

Also, you can find more information about Tata Elxsi Ltd on National Stock Exchange and Moneycontrol – Tata Elxsi provides product design and engineering services to the consumer electronics communications and transportation industries and systems integration and support services for enterprise customers.

 

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