Ruchi Infrastructure Board recommends 10% dividend

Ruchi Infrastructure Ltd has announced that the Board of Directors of the Company at its meeting held on August 22, 2006, inter alia, has recommended a dividend of 6% on 17,33,345 Redeemable Cumulative Preference Shares of Rs 100/- each for the year ended March 31, 2006 on pro rata basis from the date of allotment.

Further the Company has informed that, the Board has also recommended a dividend of 10% on equity share capital of the Company as on March 31, 2006.

Source : Equity Bulls

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