Intimation of Final Dividend Recommended by the Board of Directors.
Pursuant to Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at their meeting held on 29th May 2018, inter alia, has recommended a final dividend of Rs.0.40/- per equity share (40%) of Rs.1/- each full paid-up for the financial year 2017-18 subject to approval by the shareholders in the next Annual General Meeting.
This Dividend is in addition to the Interim dividend of Rs.1.60/- per equity share (face value of the share Rs.1/-) declared in the last quarter.
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