INVESTOR RELATIONS

  • 29/May/2015

    Outcome of Board Meeting - Dividend - on Equity and Preference Shares, Sub-Division of Equity Shares, Redemption of Preference Shares

     

     


    The Board recomended -  subject to the approval of shareholders in the ensuing Annual General Meeting  - the following matters


     


    1)  Dividend of Re 1/- per equity shares of Rs 10/- each (amounting to 83.20 lacs)


     


    2) Dividend of Rs 9/- per preference shares of Rs 100/- each (amounting to 27 lacs)


     


    3) Redemption of the remaining 300000 - 9% Redeemable Non-Cumulative Non-Convertible Preference Shares of Rs 100/- each.


     


    4) Sub-division of the face value of  equity shares from Rs 10/- to Re 1/- each


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