Wendt Limited Declares Interim Dividend for the Year Ending March 31, 2021, Payable on February 18, 2021
January 22, 2021 at 02:19 am
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Wendt (India) Limited announced that at its Board Meeting held on January 22, 2021, it has declared an interim dividend of INR 10 per equity share (on a face value of INR 10) for the year ending March 31, 2021. The Record Date for determining the members eligible to receive aforesaid interim dividend is February 4, 2021. In the case of shareholders opting for NECS/ECS, the dividend would in the normal course be credited to their accounts by February 18, 2021. In the case of shareholders opting physical mode of payment, the same will be posted by February 18, 2021.
Wendt (India) Limited is an India-based manufacturer of super abrasives, high precision grinding, honing, special purpose machines and high precision components. It operates through four segments: Super Abrasives, Machines, Accessories and Components, and Others. Its super abrasive products consist of diamond and cubic boron nitride (CBN) grinding wheels in various bonding systems, rotary dressers, stationary dressers, hones, and segmented products. Its machines include grinding machines, honing machines, profiling dressing machines and others. Its precision components include ferrous parts, non-ferrous precision parts, and others. Its star range of products includes single point dressers, natural point diamond dressers, chisel type dressers, cluster type dressers, multi-point indexable dressers, and others. Its allied products include machine refurbishing, accessories and equipment, finishing films and flaking. It serves various industries, including glass, steel, and aerospace.