Oriental Carbon Board recommends 10% dividend

Oriental Carbon & Chemicals Ltd has announced that the Board of Directors of the Company at its meeting held on May 29, 2007, inter alia, has recommended a dividend of 10% on the equity share of Rs 10/- each for the year 2006-07 amounting to Rs 107.18 lakhs including tax on dividend of Rs 15.57 lakhs subject to approval at AGM of the Company.

The Register of Members & Share Transfer Books of the Company will remain closed from July 24, 2007 to July 27, 2007 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on July 27, 2007.

Source : Equity Bulls

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