The Board of Directors of Vinati Organics Ltd (VINATIORGA) at its meeting held on 13 May 2021, has declared Dividend of Rs 6 per equity share. The Board meeting commenced at 12.00 noon and ended at 2.15 p.m.
Vinati Organics Ltd Quarterly Result
The company reported 5.1% fall in consolidated net profit to Rs 70.84 crore on 14% rise in revenue from operations to Rs 279.76 crore in Q4 FY21 over Q4 FY20. Profit before tax in Q4 FY21 stood at Rs 94.83 crore, down by 12.1% from Rs 107.92 crore in Q4 FY20.
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Vinati Organics Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 25 June 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 Record Date.
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:
In terms of Regulation 30 of the Securities and Exchange Board of India, we wish to inform that the Board of Directors of the Company has at its meeting held today has recommended a final dividend of Rs. 6/- per equity share of face value of Re. 1/- each (600%) for the financial year ended March 31, 2021.
Important Dates
- Company – Vinati Organics Ltd
- Script Name – VINATIORGA (NSE) and 524200 (BSE)
- Dividend Amount – 6 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 24 June 2021
- Record Date – 25 June 2021
- Payment Date – 7 July 2021
Also, you can find more information about Vinati Organics Ltd on National Stock Exchange and Moneycontrol – Vinati Organics Ltd is engaged in manufacturing of speciality organic intermediates and monomers and polymers. It manufactures iso butyl benzene the prime raw material for the manufacture of ibuprofen a vital bulk drug.
