Morarka Finance AGM approves 5% dividend

Morarka Finance Ltd has announced that the members at the 21st Annual General Meeting (AGM) of the Company held on September 26, 2006, inter alia, have approved the declaration of dividend on redeemable Non Cumulative Preference Shares at the rate of 1% and declaration of dividend at the rate of 5 % (Re 0.50 per share) on Equity Shares of Rs 10/- each for the year ended March 31, 2006.

Source : Equity Bulls

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