The Board of Directors of Welspun India Limited (WELSPUNIND) held its meeting on 14 May 2021. It has declared Dividend of Rs 0.15 per equity share for the financial year 2020-21. The meeting of the Board of Directors commenced at 11 a.m. on May 14, 2021 and the above agenda were approved at 02.45 p.m.
Welspun India Limited Quarterly Result
The company reported a 48.3 per cent jump in consolidated net profit to Rs 134.34 crore in the fourth quarter ended March 2021. The total income during the quarter under review stood at Rs 2,173.56 crore as against Rs 1,664.46 crore in the corresponding quarter a year ago.
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Welspun India Limited Dividend Record Date
The board has fixed Wednesday, i.e. 26 May 2021 as the Record date for determining entitlement of shareholders to receive the dividend for financial year ended 31st March, 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 – 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.
Moreover, here is the copy of statement, the company has sent to the exchanges:
In continuance to our intimation dated May 08, 2021, it hereby informed that the Board of Directors of the Company at their meeting held on May 14, 2021, have approved to pay Dividend of Re. 0.15 per share of the face value of Re .1 each at the rate of 15% on the equity shares for the financial year 2020-21.
Important Dates
- Company – Welspun India Limited
- Script Name – WELSPUNIND (NSE) & 514162 (BSE)
- Dividend Amount – 0.15 Rs Per Share
- Dividend Type – Normal
- Ex-Dividend Date – 24 May 2021
- Record Date – 26 May 2021
- Payment Date – Within 30 days
Also, you can find more information about Welspun India Limited on National Stock Exchange and Moneycontrol -Welspun India is a textile company based in Mumbai, Maharashtra, India. It is Asia’s largest and the 2nd largest terry towel producer in the world. It exports more than 94% of its home textiles products to more than 50 countries.
