Ankur Drugs & Pharma Ltd has announced that the Board of Directors of the Company at its meeting held on August 31, 2006, inter alia, has transacted the following:
1. Recommended a dividend of 15% on the equity share, i.e. dividend of Rs 1.50 per share for one equity share of Rs 10/- each.
2. Decided to keep the appointed date of merger of Vaibhav Healthcare Pvt Ltd with the Company as April 01, 2006 in place of January 01, 2006 for the likely convenience of various statutory compliances.