Nicholas Piramal Board declares interim dividend

Nicholas Piramal India Ltd has announced that the Board of Directors of the Company at its meeting held on March 15, 2007, has declared Interim Equity Dividend @ 150% (i.e. Rs 3 per share) on 20,90,17,606 Equity Shares of Rs 2 each.

The Board has also declared interim Dividend on the following Preference Shares:

a) @ 5% on 15,00,000 - 5% Cumulative Redeemable Preference Shares of Rs 100/- each.
b) @ 5% on 2,33,72,280 - 5% Cumulative Redeemable Preference Shares of Rs 10/- each.

Source : Equity Bulls

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