Exchange is hereby informed that the Board of Directors in its meeting held on 25th May 2019 has recommended final dividend of 5% on equity share capital of the Company i.e. Re. 0.50/- per equity share of Rs. 10/- each out of profits for the Financial Year 2018-19 subject to the approval of the shareholders in the ensuing Annual General Meeting. The dividend outflow will be Rs. 24 80 250/- (Rupees Twenty Four Lac Eighty Thousand Two Hundred and Fifty) excluding tax on dividends if declared in the ensuing Annual General Meeting.
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