Xpro India Board to recommend dividend, introduce ESOP

Xpro India Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 23, 2007, inter alia, to consider the following.

1. Adoption of audited accounts of the Company for the financial year 2006-07 and also to recommend payment of Dividend, if any, for the said financial year.

2. Issue of equity shares / equity linked instruments on a preferential basis to the Promoters / Promoter Group.

3. Introduction of Employees Stock Option Scheme.

Source : Equity Bulls

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