Wendt (India) Ltd Declares Final Dividend of Rs 20

Wendt (India) Ltd Declares Rs 20 Final Dividend (2021)

The Board of Directors of Wendt (India) Ltd (WENDT) at its meeting held on 23 April 2021, has declared Final Dividend of Rs 20 per equity share. The meeting of the Board of Directors of the Company
commenced at 12.31 p.m. and concluded at 02.40 p.m.

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Wendt (India) Ltd Q4 Result

The company has reported a standalone profit of Rs 5.97 crore for the quarter ending March 31, 2021. It reported a net loss of Rs 1.09 crore during the corresponding quarter last year. For the year ending March 31, 2021 the standalone profits grew to Rs 12.91 crore from Rs 9.34 crore registered last year.

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Wendt (India) Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 15 July 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.

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Above all, here is the copy of statement, the company has sent to the exchanges:

The Directors have recommended a final dividend of Rs. 20/- (200%) per equity share (on a face value of Rs. 10/-) for the year ended 31st March 2021. The dividend warrants, upon approval of final dividend by the shareholders at the 39th Annual General meeting, will be posted by 19th August 2021.

Important Dates

  • Company – Wendt (India) Ltd
  • Script Name – WENDT (NSE) and 505412 (BSE)
  • Dividend Amount – 20 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 14 July 2021
  • Record Date – 15 July 2021
  • Payment Date – 18 August 2021

Also, you can find more information about Wendt (India) Ltd on National Stock Exchange and Moneycontrol – Wendt (India) Ltd is a leading producer of Diamond / CBN products in India. The company offers a full range of wheels for various applications in Tool Making, Automotive Industry, Steel Plants, Glass Industry, Refractory Industry & Ceramic Industry.

 

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