Vaibhav Global Limited Declares Final Dividend of Rs 1.5

Vaibhav Global Limited Declares Final Dividend of Rs 1.5

The Board of Directors of Vaibhav Global Limited (VAIBHAVGBL) at its meeting held on May 12, 2021 has declared Final Dividend of Rs 1.5 per equity share for financial year 2020-21. The meeting commenced at 18:00 Hours and concluded at 23:20 Hours.

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Vaibhav Global Limited Q4 Result

Vaibhav Global Ltd reported 33.7% yoy increase in consolidated sales revenues for the Mar-21 quarter at Rs 665.88 cr. The net profit in the Mar-21 quarter was up 40.97% to Rs 56.02 cr on a yoy basis.

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Vaibhav Global Limited Dividend Record Date

The company in its letter informed the exchanges that it has fixed 1 July 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 1 July 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.

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Moreover, here is the copy of statement, the company has sent to the exchanges:

This is to inform you that the Board of Directors of the Company at its meeting held on Wednesday, i.e. 12th May, 2021 has inter-alia recommended the Final Dividend of Rs. 1.50/- per Equity Share (on the face value of Rs. 2/- per Equity Share).

Important Dates

  • Company – Vaibhav Global Limited
  • Script Name – VAIBHAVGBL (NSE) and 532156 (BSE)
  • Dividend Amount – 1.5 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 30 June 2021
  • Record Date – 1 July 2021
  • Payment Date – Within 30 days

Also, you can find more information about Vaibhav Global Limited on National Stock Exchange and Moneycontrol – Vaibhav Global Limited is a multi-national electronic retailer, wholesaler and manufacturer of fashion jewelry and lifestyle accessories.

 

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