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| Exchange Disseminated Time 09/05/2017 16:11:51 | Carborundum Universal Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 09, 2017, inter alia, have recommended a final dividend of Re. 0.75 (seventy five paise only) per equity share (on a face value of Re. 1/-) for the year ended March 31, 2017.
The dividend warrants, upon approval of final dividend by the shareholders at the 63rd Annual General meeting, will be posted by August 07, 2017. In case of shareholders opting for NECS/NACH, the dividend would be credited to their accounts by August 07, 2017.
It may be recalled that an Interim Dividend at Re. 1/- per equity share was declared by the Board at its meeting held on February 04, 2017 and paid on February 22, 2017. With this recommendation, the total dividend for the year ended March 31, 2017 aggregates to Rs. 1.75 (one rupee and seventy five paise only). |
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