Batliboi Board recommends 20% dividend

Batliboi Ltd has announced that the Board of Directors of the Company at its meeting held on April 21, 2007, inter alia, has recommended the dividend @ 20% on the Equity Capital of the Company and 1% on the Redeemable Preference Shares of the Company. The above dividend shall be subject to the approval of shareholders.

The Annual General Meeting is scheduled to take place on July 28, 2007.

The stock was trading at Rs.106.40, down by Rs.1.15 or 1.07%. The stock hit an intraday high of Rs.113.90 and low of Rs.106.10. The total traded quantity was 21122 shares compared to 2 week average of 18483.

Source : Equity Bulls

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