REPL::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
MEGHMANI ORGANICS LIMITED
Security
MEGHMANI ORGANICS LIMITED - SG1P93919998 - M30

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
30-Sep-2021 20:42:50
Status
Replacement
Corporate Action Reference
SG210920DVCAB3OC
Submitted By (Co./ Ind. Name)
Kamlesh Dinkerray Mehta
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
18
Dividend/ Distribution Type
Final
Financial Year End
31/03/2021
Declared Dividend/ Distribution Rate (Per Share/ Unit)
INR 0.7

Event Narrative

Narrative Type
Narrative Text
Additional TextThis replacement announcement is to change the dividend payment date from 4 October 2021 to 8 October 2021.
Additional TextThe Final Dividend of Rs.1.40 per Ordinary Share of Rs.1/- each (or Rs.0.70 per Singapore Depository Share) for the FYE 31 March 2021 which was re-scheduled to be paid on 4 October 2021 will be delayed due to the longer fund remittance process.
Additional TextThe funds for dividend payment are expected to be credited to DBS custodian account on 4 October 2021 due to the intervening holidays in India. The turnaround time for DBS Custodian to remit the funds to CDP for the payment to shareholders is usually +4 days.
Additional TextConsequently, the dividend payment is re-scheduled to be paid on or before 8 October 2021.

Event Dates

Record Date and Time
19/05/2021 17:00:00
Ex Date
18/05/2021

Dividend Details

Payment Type
Payment Rate in Gross
Taxable
Yes
Tax Rate (%)
23.92
Gross Rate (Per Share)
INR 0.7
Net Rate (Per Share)
INR 0.53256
Pay Date
08/10/2021
Gross Rate Status
Actual Rate

Related Announcements

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Applicable for REITs/ Business Trusts/ Stapled Securities