Monnet Ispat Ltd has announced that the Board of Directors of the Company at its meeting held on March 15, 2007, inter alia, has considered & approved the Interim Dividend @ 25% on the Paid-up Capital of the Company being the 2nd Interim Dividend which will take the total Interim Dividend declared so far to 45% for the Financial Year 2006-07.
The Board has further discussed to consider the Final Dividend at the stage of consideration of the Annual Accounts for the year 2006-07.