|
| Exchange Disseminated Time | Relaxo Footwears Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 10, 2014, recommended and approved following:
1. The Board of Directors has recommended a dividend at the rate of Re. 0.50 per share of face value of Re. 1.00 each aggregating to Rs. 351.02 Lacs (including corporate dividend distribution tax of Rs. 50.99 Lacs) for the year ended March 31, 2014.
2. The Board has given in-principle approval for Employees Stock Option Scheme to be executed in one or more tranches subject to approval of Shareholders. In this scheme maximum 1.50% equity shares of issued, subscribed and paid up capital may be offered to eligible employees. |
|
|