The Board of Directors of Tata Investment Corporation (TATAINVEST) at its meeting held on Tuesday, i.e. 27th day of April 2021 has recommended payment of dividend of Rs 24 per equity share. The meeting commenced at 4:00 p.m. and concluded at 6:30 p.m.
Tata Investment Corporation Quarterly Result
The company has reported total income of Rs.30.94 crores during the period ended March 31, 2021 as compared to Rs.27 crores during the period ended Dec 31, 2020. The company has also reported EPS of Rs 0.53 for the period ended March 31, 2021 as compared to Rs 5.44 for the period ended Dec 31, 2020.
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Tata Investment Corporation Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 17 June 2021 as the Record date. Further, the declared dividend will be paid within 30 days from the 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 – 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:
Pursuant to Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, we forward herewith the following: The Board of Directors at its meeting held on 27th April, 2021 has recommended a dividend of Rs. 24/- (240%) per Ordinary share of Rs. 10 each, which shall be paid after the Annual General Meeting, subject to approval of the Shareholders of the Company at the ensuing Annual General Meeting.
Important Dates
- Company – Tata Investment Corporation Ltd
- Script Name – TATAINVEST (NSE) and 501301 (BSE)
- Dividend Amount – 24 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 16 June 2021
- Record Date – 17 June 2021
- Payment Date – –
You can find more information about Tata Investment Corporation Ltd on National Stock Exchange and Moneycontrol – TICL is primarily involved in investing in long-term investments such as equity shares, debt instruments, listed and unlisted securities of companies in a wide range of industries.
