The Board of Directors of The India Cements Limited (INDIACEM) at its meeting held on May 24, 2021, has declared Final Dividend of Rs 1 per equity share. The Meeting commenced at 9.30 A.M. and concluded at 11.40 A.M.
The India Cements Limited Quarterly Result
The company has reported FY 2020-2021 profit at Rs 222 crore compared Rs 36 crore loss in the previous fiscal year. Its revenue rose to Rs 1,449.6 crore, while margin stood at 13.8 per cent in Q4. The revenue and margin in Q4 of FY20 stood at Rs 1,152 crore and 5.9 per cent, respectively.
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The India Cements Limited Dividend Record Date
The company in its letter has informed the exchanges that it has fixed (—) as the Record date. In addition, the declared dividend will be paid on (—).
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:
We write this to inform you that the Board of Directors of our Company at the Meeting held today has recommended dividend of Re.1/- per equity share of Rs.10/- each for the year 2020-21.
Important Dates
- Company – The India Cements Limited
- Script Name – INDIACEM (NSE) and 530005 (BSE)
- Dividend Amount – 1 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – NA
- Record Date – NA
- Payment Date – NA
Also, you can find more information about The India Cements Limited on National Stock Exchange and Moneycontrol – The India Cements is a cement manufacturing company in India. It has 7 integrated cement plants in Tamil Nadu, Telangana and Andhra Pradesh, one in Rajasthan.
