TTK Prestige Limited Declares Final Dividend of Rs 30

TTK Prestige Limited Declares Final Dividend of Rs 30

The Board of Directors of TTK Prestige Limited (TTKPRESTIG) at its meeting held on May 25, 2021, has declared Final Dividend of Rs 30 per equity share. The meeting of the Board of Directors was held through video conferencing which commenced at 11.30 a.m. and concluded at 12.55 p.m.

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TTK Prestige Limited Quarterly Result

The company’s consolidated net profit surged to Rs 85.36 crore in Q4 FY21 from Rs 8.60 crore in Q4 FY20. Revenue from operations jumped 43% year-on-year (YoY) to Rs 598.03 crore during the quarter. Profit before tax in Q4 FY21 stood at Rs 112.84 crore as compared to Rs 18.17 crore in Q4 FY20.

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TTK Prestige Limited Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 2 July 2021 as the Record date. In addition, the dividend, if declared by the shareholders at the ensuing AGM, will be paid on and from Friday, July 23, 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 March 25, 2021 giving Notice of the Board Meeting to consider and recommendation of dividend, if any, for the financial year ended March 31, 2021. The Board has recommended a final dividend of Rs. 30 per share i.e. 300% for the financial year 2020-21.

Important Dates

  • Company – TTK Prestige Limited
  • Script Name – TTKPRESTIG (NSE) and 517506 (BSE)
  • Dividend Amount – 30 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 1 July 2021
  • Record Date – 2 July 2021
  • Payment Date – On or after July 23, 2021

Also, you can find more information about TTK Prestige Limited on National Stock Exchange and Moneycontrol – TTK Prestige Limited is an Indian company that manufactures kitchen appliances and cookware, under the Prestige brand. The company is best known for its pressure cookers.

 

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