Birla MIP has revised the record date for payment of dividend under its Dividend Plan and Payment Plan with effect from February 18, 2002. The proposed record date will be the last Friday of every month. Earlier, the fund used to declare dividend on 25th of every month. The fund has also notified that there will be no book closure after the record date from February 2002 onwards.
The fund paid its last dividend of 0.91 per cent in January 2002 in its monthly dividend option.