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| Exchange Disseminated Time 30/05/2016 16:03:28 | Grindwell Norton Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2016, at 11:00 a.m. and concluded at 3:00 p.m., inter alia, have concluded that interim dividend of Rs. 6.50 per equity share be confirmed as a final dividend.
Further, the Board of Directors have recommended bonus equity shares in the ratio of 1:1 (i.e. one equity share of Rs. 5 each for every equity share of Rs. 5 each held by the shareholders), subject to the approval of the shareholders of the Company by way of Postal Ballot, the Record date as may be determined by the Board.
The 66th Annual General Meeting of the Company will be held on July 28, 2016 at 3:00 p.m. at M.C. Ghia Hall, Bhogilal Hargovindas Building, 18/20, K. Dubash Marg, Kala Ghoda, Mumbai - 400 001. |
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