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| Exchange Disseminated Time 24/05/2017 17:37:28 | | Garware Wall Ropes Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 24, 2017, inter alia, has recommended a Dividend of Rs. 3.50/- per share (35%) of Rs. 10/- each for approval by the Shareholders of the Company at ensuing Annual General Meeting. In addition, the Board of Directors has recommended a one-time Special Dividend of Rs. 1.50/- per share (15%) of Rs. 10/- each to commemorate completion of 40 years of the Company. The total dividend for the year including normal dividend and one-time special dividend (subject to approval by the Shareholders of the Company at ensuing Annual General Meeting) would be Rs. 1316.84/- lacs (including dividend tax of Rs. 222.74/- lacs). |
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