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| Exchange Disseminated Time | B. L. Kashyap and Sons Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2010, inter alia, has decided the following matters:
1. Recommended a dividend at the rate of Re. 1/- (20%) per Equity Share of the face value of Rs. 5/- each for the financial year 2009-10, subject to the approval of shareholders in the ensuing Annual General Meeting.
2. Decided to seek fresh shareholder' approval for Qualified Institutional Placement ("QIP") and/or Preferential allotment up to an amount not exceeding Rs. 450 Crores (Rupees Four Hundred and Fifty crores only). |
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