The Board of Directors of The Indian Hotels Company Limited (INDHOTEL) at its meeting held on April 30, 2021 has declared Final Dividend of Rs 0.4 per equity share for financial year 2020-21. The meeting commenced at 4.00 pm and concluded at 7.15 pm.
The Indian Hotels Company Q4 Result
The company reported a consolidated net loss of Rs 97.72 crore for the fourth quarter ended March 2021, impacted by continued pandemic related challenges. The revenue from operations stood at Rs 615.02 crore for the quarter under consideration. It was Rs 1,062.98 crore for the same period a year ago.
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The Indian Hotels Company Dividend Record Date
The company in its letter informed the exchanges that it has fixed 15 June 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 15 June 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. 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:
Further to our letter dated April 22, 2021, the Board of Directors of the Company at their meeting held earlier today recommended a dividend of ₹ 0.40/- per Equity Share of ₹ 1/- each fully paid up of the Company @ 40%.
Important Dates
- Company – The Indian Hotels Company
- Script Name – INDHOTEL (NSE) and 500850 (BSE)
- Dividend Amount – 0.40 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 14 June 2021
- Record Date – 15 June 2021
- Payment Date – Within 30 days
Also, you can find more information about The Indian Hotels Company on National Stock Exchange and Moneycontrol – IHCL is an Indian hospitality company that manages a portfolio of hotels, resorts, jungle safaris, palaces, spas and in-flight catering services. It is a subsidiary of the Tata Group conglomerate.
