Ruchi Soya Industries Board recommends dividend

Ruchi Soya Industries Ltd has announced that the Board of Directors of the Company at its meeting held on December 01, 2006, inter alia, has discussed the following:

1. Recommended a dividend of 4% (Rs 4/- per Preference Share) on Preference Share Capital of Rs 45.24 Crores and 22% (Rs 2.20 per equity share) on the Equity Share Capital of Rs 36.47 Crores which includes 6552107 Equity Shares of Rs 10/- each to be allotted to the shareholders of the merging Companies.

2. Decided to call the 20th Annual General Meeting of the Company on December 28, 2006.

Source : Equity Bulls

Keywords