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Exchange Disseminated Time | Atul Auto Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 20, 2014, inter alia, has transacted the following:
1. The Board has recommended, subject to approval of Members at the ensuing Annual General Meeting, final dividend of Rs. 3.5/- per share or whereby making total dividend for FY 2103-14 Rs. 7.5 per year (Excluding dividend distribution tax).
2. The Board has also decided to increase remuneration of Mr. J. J. Chandra, Chairman & Managing Director, Mr. M. J. Patel, Whole-time Director and Mr. N. J. Chandra, Whole-time Director, subject to approval of Members in the ensuing Annual General Meeting. |
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