The Board of Directors of Torrent Power Limited (TORNTPOWER) at its meeting held on May 20, 2021, has declared Final Dividend of Rs 5.5 per equity share. The Board Meeting commenced at 3:00 pm and concluded at 05:30 pm.
Torrent Power Limited Quarterly Result
Torrent Power posted standalone net profit of ₹415 crore on total income from operations at ₹2,994 crore for the quarter ended March 31. Company had posted standalone net loss of ₹222 crore for the corresponding quarter a year ago. Total income from operations was ₹2,931 crore for the quarter last year.
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Torrent Power Limited Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 25 June 2021 as the Record date. In addition, the declared dividend will be paid on September 03, 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.
Above all, here is the copy of statement, the company has sent to the exchanges:
We would like to inform you that the Board at its meeting held today inter-alia, recommended to the Members a Final Dividend of ₹ 5.50 per equity share on 48,06,16,784 nos. of equity shares of ₹ 10 each.
Important Dates
- Company – Torrent Power Limited
- Script Name – TORNTPOWER (NSE) and 532779 (BSE)
- Dividend Amount – 5.5 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 24 June 2021
- Record Date – 25 June 2021
- Payment Date – September 03, 2021
Also, you can find more information about Torrent Power Limited on National Stock Exchange and Moneycontrol – Torrent Power Limited is an India-based company engaged in the electricity generation, transmission and distribution. Its current operations are in the states of Gujarat, Maharashtra and Uttar Pradesh.
