Indiabulls Financial Board declares dividend

Indiabulls Financial Services Ltd has announced that the Board of Directors of the Company at its meeting held on October 16, 2006, inter alia, has declared divided @ 5% on 9,966,667 cumulative, redeemable, non-convertible preference shares of face value of Rs 300/- each, and 11,500,000 cumulative, redeemable, convertible preference shares of face vale of Rs 300/- each, aggregating Rs 529.31 lacs payable pro rata for the period from August 02, 2006 to September 30, 2006.

Source : Equity Bulls

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