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| Exchange Disseminated Time 03/02/2017 14:02:00 | MRF Ltd has informed BSE that the Board of Directors at its Meeting held on February 03, 2017, inter alia, considered and approved the following:
1. Declaration of a Second Interim Dividend of Rs. 3/- per equity share (30%) for the financial year ending March 31, 2017. The Dividend declared will be paid on or after February 23, 2017.
2. Issue of Non-Convertible Debentures not exceeding Rs. 500 Crores through Private Placement basis. For this purpose, approval of the shareholders is proposed to be obtained by way of postal ballot.
The meeting of the Board of Directors of the Company commenced at 11.00 a.m and concluded at 1.30 p.m. |
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