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| Exchange Disseminated Time | Neuland Laboratories Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 10, 2013, inter alia, has:
1. Recommended payment of dividend of Rs. 1.20 per share of a face value of Rs. 10 each, subject to the approval of Bankers and shareholders of the Company.
2. Approved reappointment of Mr. D. Sucheth Rao, as the Whole Time Director and Chief Executive Officer of the Company for a period of (5) Five years with effect from August 01, 2013, subject to the approval of shareholders in ensuing Annual General Meeting. |
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