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| Exchange Disseminated Time | Jagran Prakashan Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2013, inter alia, has transacted the following :
1. The Board of Directors of the Company has recommended Final Dividend of Rs. 2 per equity share of Rs. 2/- each (i.e.@100%) on the paid up equity share capital of the Company.
2. The Board noted that the articles of association do not currently contain a specific provision to enable a buy back of shares by the Company. In order to allow buy back by the Company in future, the Board has recommended to the shareholders, amendment in Articles of Association (AOA) of the Company to incorporate enabling provisions for buy back of its own shares and other specified securities in its AOA as required under section 77 A of the Companies Act, 1956. |
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