The Board of Directors of Vardhman Textiles Ltd (VTL) held its meeting on 27 October 2021. It has declared Interim Dividend of Rs 34 per equity share for the financial year 2021-22. The meeting of the Board of Directors commenced at 10:00 a.m. and concluded at 12:55 p.m.
Vardhman Textiles Ltd Q2FY22 Result
Net profit of Vardhman Textiles rose 699.55% to Rs 481.49 crore in the quarter ended September 2021 as against Rs 60.22 crore during the previous quarter ended September 2020. Sales rose 46.75% to Rs 2385.08 crore in the quarter ended September 2021 as against Rs 1625.23 crore during the previous quarter ended September 2020.
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Vardhman Textiles Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 5 November 2021 as the Record date. Further, payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on 5 November 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 – In conclusion, 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:
Pursuant to Regulation 30 read with Part A of Schedule III and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, The Board of Directors has declared an Interim dividend of Rs. 34/- per share on fully paid up equity shares of the Company. The said Interim dividend will be credited/ dispatched within 30 days from the date of declaration.
Important Dates
- Company – Vardhman Textiles Ltd
- Script Name – VTL (NSE) and 502986 (BSE)
- Dividend Amount – 34 Rs Per Share
- Dividend Type – Interim
- Ex-Dividend Date – 2 November 2021
- Record Date – 5 November 2021
- Payment Date – 26 November 2021
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. It is engaged in manufacturing of cotton yarn, synthetic yarn and woven fabric.
