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| Exchange Disseminated Time | Sundaram Clayton Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 25, 2010, inter alia, has transacted the following:
1. The directors have declared an interim dividend for the financial year ending March 31, 2010 at Re. 0.50 per share on 3,79,35,168 equity shares of Rs. 5/- each fully paid up, absorbing sum of Rs. 189.68 lakhs.
2. The Directors have approved an investments not exceeding Rs. 2.25 Cr for acquiring upto 19.5% of the equity share capital of Die Tech India Pvt. Ltd., Chennai, a captive Supplier of moulds and dies of the Company. |
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