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| Exchange Disseminated Time | Sundaram Clayton Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 08, 2015, inter alia, have declared a third interim dividend of Rs 6/- per share absorbing a sum of Rs 12.14 Cr for the year ended March 31, 2015 and the same will be paid to the shareholders on or after May 18, 2015.
The board earlier declared first interim dividend of Rs 9/- per share and second interim dividend of Rs. 4/- per share absorbing an aggregate sum of Rs 26.30 Cr for the year 2014-15 and the same were paid on February 14, 2015 & March 30, 2015 respectively. The total dividend including the third interim dividend will aggregate to Rs. 19/- per share (380%) on 2,02,32,085 equity shares of Rs 5/- each. The directors do not recommend any further dividend for the year 2014-15. The Company has set-off its dividend distribution tax payable under section 115-O (1A) of the Income Tax Act, 1961 against the dividend distribution tax paid by one of its subsidiary companies on the dividend declared. |
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