Tinplate Company of India Ltd Declares Dividend of Rs 2

Tinplate Company of India Ltd Declares Rs 2 Dividend (2021)

The Board of Directors of Tinplate Company of India Ltd (TINPLATE) at its meeting held on 15 April 2021, has declared Dividend of Rs 2 per equity share. The Board meeting commenced at 11:30 a.m. (IST) and concluded at 3:05 p.m. (IST).

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Tinplate Company of India Ltd Q4 Result

Net profit of Tinplate Company of India rose 107.08% to Rs 56.16 crore in the quarter ended March 2021 as against Rs 27.12 crore during the previous quarter ended March 2020. Sales rose 62.53% to Rs 694.79 crore in the quarter ended March 2021 as against Rs 427.49 crore during the previous quarter ended March 2020.

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Tinplate Company of India Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 15 July 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Thursday, 15 July 2021.

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:

This has reference to our letter dated April 6, 2021. The Board of Directors (‘the Board’) of The Tinplate Company of India Limited (‘the Company’) at its meeting held today has recommended a dividend of ₹ 2/- per Equity Share of face value ₹10/- each (20%) to the shareholders of the Company for the Financial Year ended March 31, 2021.

Important Dates

  • Company – Tinplate Company of India Ltd
  • Script Name – TINPLATE (NSE) and 504966 (BSE)
  • Dividend Amount – 2 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 14 July 2021
  • Record Date – 15 July 2021
  • Payment Date – 29 August 2021

Also, you can find more information about Tinplate Company of India Ltd on National Stock Exchange and Moneycontrol – Tinplate Company Of India Ltd is the largest indigenous producer of tin coated and tin free steel sheets in India. TCIL is the only indigenous manufacturer of value-added Tinplate and TFS for processed food, battery, dairy product, beverage and soft drink crown caps in both single reduced and double reduced forms.

 

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