HUDCO fixes record date for dividend; Stock gains 1%

September 20, 2021 is the date for sending of documents for claiming exemption from TDS or tax at concessional rates.

Sep 08, 2021 09:09 IST India Infoline News Service

Housing & Urban Development Corporation Ltd (HUDCO) has informed regarding its AGM and record date for the dividend.

The 51st Annual General Meeting (AGM) of the company is scheduled to be held on Thursday, September 30, 2021 at 3:30 p.m. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM), in accordance with the relevant circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India.

According to the regulatory filing, the company has fixed the dates for the following:

Record date for payment of final dividend on approval of shareholders is Saturday, September 18, 2021.

Also, September 20, 2021 is the date for sending of documents for claiming exemption from TDS or tax at concessional rates.

The final dividend on equity shares, as recommended by the Board of Directors, if declared at the AGM, will be paid within 30 days of declaration to the members, said company in a filing.

On Wednesday early trade, Housing & Urban Development Corporation was trading at Rs42.75 apiece higher by 1.06% on Sensex.

Related Story

Open Free Demat Account (Rs699)