Cadila Healthcare Board recommends 80% dividend

Cadila Healthcare Ltd has announced that the Board of Directors of the Company at its meeting held on April 26, 2007, inter alia, has recommended a dividend of Rs 4 (@ 80%) per equity share on the increased capital of 1,25,613,708 equity shares of Rs 5/- each for the financial year ended March 31, 2007.

The Register of Members & Share Transfer Books of the Company will remain closed from July 16, 2007 to July 27, 2007 (both days inclusive) for the purpose of payment of dividend & 12th Annual General Meeting of the Company to be held on July 27, 2007.

The stock closed the day at Rs.326.55, up by Rs.5.70 or 1.78%. The stock hit an intraday high of Rs. 335 and low of Rs.322.20. The total traded quantity was 40778 compared to 2 week average of 19142.

Source : Equity Bulls

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