Carborundum Universal at its meeting held on April 30, 2014, has recommended a final dividend of 50 paise per equity share (on a face value of Re 1) for the year.
Carborundum Universal Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 30, 2014, have recommended a final dividend of Re. 0.50 (Paise Fifty only) per equity share (on a face value of Re. 1/-) for the year. It may be recalled that an Interim Dividend at Re. 0.75 per equity share was declared by the Board at its meeting held on January 31, 2014 and paid in February 2014. With this recommendation, the total dividend for the year ended March 31, 2014 aggregates to Rs. 1.25 (One Rupee twenty five paise only).The dividend warrants, upon approval of the final dividend by the shareholders at the 60th annual general meeting, will be posted on August 05, 2014. In case of shareholders opting for ECS/NECS, the dividend would be credited to their accounts on August 05, 2014.Source : BSE
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