VST Industries Limited Declares Final Dividend of Rs 114

VST Industries Limited Declares Final Dividend of Rs 114

The Board of Directors of VST Industries Limited (VSTIND) at its meeting held on Apri1 27,2021 has recommended payment of final dividend of Rs 114 per equity share.

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VST Industries Quarterly Result

Quarterly Net Profit at Rs. 73.71 crore in December 2020 down 9.54% from Rs. 81.48 crore in December 2019. VST EPS has decreased to Rs. 47.71 in December 2020 from Rs. 52.77 in December 2019. Net Sales at Rs 286.90 crore in December 2020 down 16.54% from Rs. 343.76 crore in December 2019.

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VST Industries Dividend Record Date

The record date/ cut-off date for the purpose of determining the name of members for entitlement of dividend, if declared, at the ensuing AGM of the Company, will be 19 July 2021. Further, the book closure start date will be 20 Jul 2021 and end date will be 27.07.2021.

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. So, 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:

Dear Sir/Madam, The Board of Directors at their meeting held today recommended a final dividend of Rs. 114/- per equity share of Rs. 10/- each. The dividend will be paid/dispatched within 30 days of the approval of the shareholders at the ensuing 90th Annual General Meeting.

Important Dates

  • Company – VST Industries Ltd
  • Script Name – VSTIND (NSE) and 509966 (BSE)
  • Dividend Amount – 114 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 16 July 2021
  • Record Date – 19 July 2021
  • Payment Date – 26 August 2021

You can find more information about VST Industries Ltd on National Stock Exchange and Moneycontrol – VST Industries Ltd. is a public conglomerate company headquartered in Hyderabad, India. The company manufactures and distributes cigarettes.

 

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