Aarvee Denims Board declares interim dividend, to setup 5 MW wind mill project

Aarvee Denims & Exports Ltd has announced that the Board of Directors of the Company at its meeting held on October 18, 2006, inter alia, has transected the following:

1. Declared interim dividend @5% on Equity Share Capital.

2. The Chairman announced in the meeting that the Company is planning to set up a Wind Mill Project of 5 MW to cater with captive power requirements.

Source : Equity Bulls

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