|
| Exchange Disseminated Time 04/04/2016 15:21:37 | Kitex Garments Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 04, 2016, inter alia, has :
1. Recommended a final dividend of Rs.0.75 per Share of face value Re. 1/-.(total dividend being 150% viz., Rs.1.50 per equity share of Re.1/- which includes 1st Interim Dividend of Rs.0.75 per equity shares of Re.1/- each declared at the Board meeting on October 19, 2015)
2. As sum of $ 700210 has been invested by the Company in Kitex USA LLC being Fifty percent of Equity during the year ended March 31, 2016 which has now been capitalized in the Books of the Company.
3. To recommend for appointment of M/s.Varma & Varma, Chartered Accountants, Kochi as Independent Auditors in place of M/s. Kolath & Co Chartered Accountants, Kochi for the financial year 2016-17. |
|
|