Gabriel India Limited Recommends Final Dividend for Financial Year 2020- 21, Payable on or Before September 02, 2021
May 26, 2021 at 08:01 am EDT
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Gabriel India Limited at its board of directors meeting held on May 26, 2021, recommended the final dividend for financial year 2020- 21 of INR 0.70 per equity share, subject to the approval of shareholders at the forthcoming annual general meeting of the company. The company announced that the register of shareholders of the company will be closed for transfer of shares, for payment of final dividend for financial year 2020- 21, from July 29, 2021 till August 04, 2021, the record date being July 28, 2021. The payment of final dividend for financial year 2020- 21 shall be paid or the dividend warrant shall be dispatched to the shareholders on or before September 02, 2021.
Gabriel India Limited is an India-based auto component company. The Company specializes in manufacturing ride control components such as shock absorbers, struts, and front forks. It is engaged in the trading of automobile components. The Company has a presence across various business segments, including two- and three-wheelers, passenger cars, commercial vehicles, railways and aftermarket. It offers various products, such as canister shock absorber, telescopic front fork, inverted front fork (canister and big piston design), mono shox, shock absorbers rear shock absorbers, strut assembly, FSD suspension, axle dampers, cabin dampers, seat dampers, double-acting hydraulic shock absorbers for conventional coaches for integral coach factory (ICF), shock absorber for EMU/ MEMU/DMU coaches, dampers for diesel locomotives, shock absorbers, MacPherson struts, gas springs, brake pads, drive shafts, suspension parts, suspension and strut bush kits, OC springs, coolants and front fork components.