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| Exchange Disseminated Time | Welspun Syntex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2014, inter alia, has recommended accumulated dividend on Cumulative Preference shares redeemed/converted in earlier years subject to the approval of Banks as detailed below:
1. Dividend on Optionally Convertible Cumulative Preference Shares accumulated upto to the date of redemption - Rs. 605.81 lacs and
2. Dividend on 8% Redeemable Cumulative Preference Shares accumulated upto March 31, 2008 - Rs. 614.19 lacs. |
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