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| Exchange Disseminated Time | Rapicut Carbides Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2015, inter alia, the following items are approved / recommended and taken on record:
1. Directors have recommended Dividend of Rs. 1.20/- per equity share of Rs. 10/- each (12%) subject to the approval of shareholders on its equity capital for the year ended March 31, 2015, as per Clause 20A of the Listing Agreement and the Dividend will be paid in the month of October, 2015.
2. The Board has approved investments to undertake manufacture of new added products in the cutting tools segment. |
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