Sathavahana Ispat Board recommends 10% dividend

Sathavahana Ispat Ltd has announced that the Board of Directors of the Company at its meeting held on June 30, 2007, inter alia, has recommended a dividend of 10% amounting to Rs 263.O0 lakhs for the financial year ended March 31, 2007 subject to approval of Banks and members in general meeting. The applicable Corporate Dividend Tax will be paid by the Company. The dividend is recommend out of current year profits.

Source : Equity Bulls

Keywords