The Board of Directors of Visaka Industries (VISAKAIND) at its meeting held on 22 April 2021, has declared Final Dividend of Rs 10 per equity share. The Board Meeting commenced on 11:30 Hrs and concluded at 15:55 Hrs.
Visaka Industries Quarterly Result
Visaka Industries total consolidated revenue from operations for the quarter was INR 35418.50 Lakh, 56% higher as compared to the corresponding quarter of 2020. PBT for the quarter was INR 4206.45 Lakh as compared to INR 755.10 Lakh showing an increase of 457%. Net Profit for the quarter was INR 3087.40 Lakh as compared to INR 685.71 Lakh showing an increase of 350%.
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Visaka Industries Dividend Record Date
The company in its letter has informed the exchanges that it has fixed May 19, 2021 as the Record date. In addition, the declared dividend will be paid within 30 days of 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:
We wish to inform you that the Board of Directors In their aforesaid meeting has Recommended final dividend of Rs. 10/- per share (i.e, 100%) on equity share of Rs. 10 each fully paid up for the year ended 31.03.2021, subject to the approval of Shareholders in the ensuing 39th Annual General Meeting.
Important Dates
- Company – Visaka Industries
- Script Name – VISAKAIND (NSE) and 509055 (BSE)
- Dividend Amount – 10 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 18 May 2021
- Record Date – 19 May 2021
- Payment Date – Within 30 Days.
Also, you can find more information about Visaka Industries on National Stock Exchange and Moneycontrol – Visaka Industries is the second largest cement roofing sheet manufacturer in India. The company have 8 factories across the country producing over 800,000 tons of corrugated sheets per year.
