Corporate Announcement
Security Code : 500042    Company : BASF    
 
Board recommends Dividend 
  Exchange Disseminated Time     
BASF India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 25, 2012 inter alia, have recommended a dividend of Rs.4/- per equity share of Rs.10/- each (i.e.40%) for the financial year ended March 31, 2012, subject to the approval of the shareholders at the forthcoming 68th Annual General Meeting of the Company to be held on August 24, 2012. The dividend, if approved, by the shareholders will absorb Rs.173.1 Million (previous year Rs.346.3 Million) and will be payable on or before August 28, 2012. The dividend distribution tax will be borne by the Company would amount to Rs. 28.1 million.
 

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