SAURASHTRA CEMENT LTD Dividend 2024, Record Date, Share Price, History

News: In this article, we’ll delve into the world of Saurashtra Cement Ltd. We’ll explore what dividends are, the significance of the record date, and take a peek at the company’s share price history. Let’s break it down in simple terms!

What Are Dividends?

Dividends are like little rewards that companies give to their shareholders. When a company makes profits, it shares a portion of those profits with its shareholders. Think of it as a thank-you gift for being part of the company family.

Saurashtra Cement’s Dividends

1. Final Dividend (May 31, 2021): Saurashtra Cement declared a final dividend of 7.5%, which means they gave Rs. 0.75 per share to their shareholders.

2. Interim Dividend (February 2, 2021): They also shared an interim dividend of 10%, which amounted to Rs. 1.00 per share.

Record Date: What’s That?

The record date is like a secret handshake day. It’s the date when the company checks its list of shareholders. If you’re on that list, congratulations! You get the dividend. If not, better luck next time.

Share Price History

Saurashtra Cement’s share price has seen its ups and downs. But remember, share prices can be as unpredictable as the weather. So, keep an eye on the stock market radar!

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About SAURASHTRA CEMENT LTD :

Saurashtra Cement Ltd (SCL), a prominent player in the Indian cement industry, has been shaping the landscape with its commitment to excellence. Let’s delve into the story of this remarkable company.

The Mehta Group Legacy

SCL is the flagship company of The Mehta Group, established in 1956. The group’s global footprint spans four continents: Asia, Europe, North America, and Africa. Their diverse business interests include cement, building materials, sugar, packaging, electrical cables, engineering, consultancy, management, financial services, international trade, floriculture, and horticulture.

The “Hathi” Brand

Under the Indian arm of the group, SCL proudly markets cement under the brand name “HATHI”. This iconic brand represents quality, reliability, and trust. Let’s explore what makes Saurashtra Cement Limited stand out:

1. Certified Excellence: SCL holds ISO certifications for quality management (ISO 9001:2015), environmental management (ISO 14001:2015), and occupational health and safety (ISO 45001:2018). These certifications reflect their unwavering commitment to delivering top-notch products.

2. Product Range: SCL manufactures a variety of cement types:

3. Portland Pozzolana Cement (PPC): Ideal for durable and sustainable construction.

4. Ordinary Portland Cement (OPC): Available in 53-grade and 43-grade variants.

5. Portland Slag Cement (PSC): Blending strength with environmental consciousness.

6. Energy Efficiency Champion: SCL has received the prestigious national award for energy efficiency in the Indian cement industry. Their commitment to sustainable practices sets them apart.

7. Global Reach: SCL caters to markets in Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, the West Coast of India, and overseas markets in Africa and the Middle East.

8. Transportation Excellence: The company employs multi-modal transportation (road, rail, and sea) to meet customer requirements efficiently.

Painting a New Canvas

In a recent strategic move, SCL expanded its horizons by venturing into the paints industry. They acquired the renowned brand “Snowcem”, known for introducing “Cement Paints” for exteriors. With this addition, SCL now offers a diverse range of quality paint products across India.

Saurashtra Cement Ltd. is all about sharing the love with its shareholders through dividends. Keep an eye on those record dates, and who knows, you might just get a little extra in your pocket!

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