Bank of Maharashtra Board to recommend dividend

Bank of Maharashtra has announced that a meeting of the Board of Directors of the Bank will be held on April 30, 2007, inter alia, to transact the following:

1. To consider and to take on record the audited financial results for the year ended March 31, 2007 and to recommend dividend, if any.

2. To convene the Fourth Annual General Meeting of the Bank.

3. To fix the dates for book closure.

The stock was trading at Rs.40.55, up by Re.0.25 or 0.62%. The stock hit an intraday high of Rs.43.80 and low of Rs.40.30. The total traded quantity was 27957 shares compared to 2 week average of 69112.

Source : Equity Bulls

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