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| Exchange Disseminated Time | Aarvee Denims & Exports Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 22, 2009, inter alia, has transacted the following :
1. Board considered and approved the proposal of early redemption of remaining 74,95,670 13% Cumulative redeemable non convertible preference share and
2. Board approved the proposal of payment of interim dividend @ 3.25% on 74,95,670 13% Cumulative redeemable non convertible preference shares for period December 2009. |
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