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| Exchange Disseminated Time 20/05/2016 13:25:27 | Alkyl Amines Chemicals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 20, 2016, inter alia, has transacted the following:
- The interim dividend of Rs. 10/- on Equity Share of Rs. 5/- each for the year ended March 31, 2016 declared and paid in March 2016 is being treated as final dividend, subject to confirmation of the shareholders at the ensuing annual general meeting and no further dividend has been recommended by the Directors.
- The Directors have also approved a scheme of amalgamation of the Company's wholly owned subsidiary company, Alkyl Speciality Chemicals Limited, with the Company, subject to various clearances to be obtained.
The Board Meeting commenced at 11.00 A.M. and concluded at 01.00 PM. |
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