Vardhman Textiles Limited Declares Final Dividend of Rs 17.5

Vardhman Textiles Dividend 2021

The Board of Directors of Vardhman Textiles Limited (VTL) at its meeting held on May 25, 2021, has declared Final Dividend of Rs 17.5 per equity share. The meeting of the Board of Directors commenced at 10:00 a.m. and concluded at 02:40 p.m.

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Vardhman Textiles Ltd Quarterly Result

The company reported 22.02% yoy increase in consolidated revenues for the Mar-21 quarter at Rs 1,947.07 cr. The total income was up by 11.25% compared to total revenues in the Dec-20 quarter at Rs 1,750.10 cr. Net profits were higher by 67.09% at Rs 243.47 cr in the Mar-21 quarter.

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Vardhman Textiles Limited Dividend Record Date

The company in its letter has informed the exchanges that it has fixed (—) as the Record date. In addition, the declared dividend will be paid on (—).

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:

Pursuant to Regulation 30 read with Part A of Schedule III and Regulation 33 of SEBI, the Board of directors has recommended a dividend of Rs. 17.50/- per share on fully paid up equity shares of the Company.

Important Dates

  • Company – Vardhman Textiles Limited
  • Script Name – VTL (NSE) and 502986 (BSE)
  • Dividend Amount – 17.5 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – NA
  • Record Date – NA
  • Payment Date – NA

Also, you can find more information about Vardhman Textiles Ltd on National Stock Exchange and Moneycontrol – Vardhman Textiles is one of the leading textile manufacturers of India & is engaged in manufacturing of cotton yarn, synthetic yarn and woven fabric.

 

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