Shaw Wallace & Company Board approves interim dividend as final dividend

Shaw Wallace & Company Ltd has announced that the Board of Directors of the Company at its meeting held on November 22, 2006, inter alia, has decided not to recommend any final dividend for the financial year ended March 31, 2006. As such, the interim dividend of Re 1/- per share declared and paid to the equity shareholders would be treated as the final dividend, subject to the approval of the members at ensuing Annual General Meeting.

Further the Company has informed that, certain items of business inter alia, to consider and take on record the Audited Financial Results for the year ended March 31, 2006 on consolidated basis, have been deferred till November 24, 2006.

Source : Equity Bulls

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