Garden Silk Board recommends 15% dividend

Garden Silk Mills Ltd has announced that the Board of Directors of the Company at its meeting held on October 30, 2006, inter alia, has recommended subject to approval of shareholders at the Annual General Meeting, a payment of dividend @ 15% on Equity share capital of the Company for the year ended June 30, 2006.

Further the Company has informed that, the Board has decided to appoint M/s. Intime Spectrum Registry Ltd., as Company Registrar & Share Transfer Agent in place of M/s. MCS Ltd.

Source : Equity Bulls

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