Suryavanshi Spinning AGM approves 10% dividend, to enter construction business

Suryavanshi Spinning Mills Ltd has announced that the members at the 27th Annual General Meeting (AGM) of the Company held on September 29, 2006, inter alia, have approved the declaration of Dividend at the rate of 10% i.e. Rs 1.00 per Equity Share of Rs 10/- each.

Authority to the Board for the Commencement of Business of Builders and Contractors as mentioned in 'Other Objects' Clause III(c)(10) of the Memorandum and Articles of Association of the Company.

Source : Equity Bulls

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