Almondz Capital Board recommends 5% dividend

Almondz Capital & Management Services Ltd has announced that the Board of Directors of the Company at its meeting held on June 18, 2007, inter alia, has decided to recommend to the Equity Shareholders of the Company, at the forthcoming 15th Annual General Meeting, payment of dividend @ 5% i.e. 0.50 Paise per share on paid-up equity share of Rs 10/- each, for the year ended March 31, 2007. The dividend will be tax free in the hands of the shareholders, but shall be subject to tax thereon payable by the Company.

Source : Equity Bulls

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