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| Exchange Received Time 29/05/2018 21:29:08 Exchange Disseminated Time 29/05/2018 21:29:15 Time Taken 00:00:07 | We refer to our letter dated 14th May, 2018 informing your esteemed Exchange of our Board Meeting being held on Tuesday, the 29th May 2018 to, inter-alia, consider and take on record the audited stand alone and consolidated financial results of the Company for the fourth quarter and year ended 31st March, 2018 and to consider recommending further dividend, if any, for the financial year 2017-18.
In this connection, we wish to inform you that our Board at its meeting held on today has recommended a further dividend of Rs.1.50 per equity share (15%) on the 2,04,00,000 equity shares of Rs.10/- each of the company for the year 2017-18 for approval of our shareholders.
In this connection, it may be noted that the company already paid an interim dividend at Rs.2.50 per equity share (25%) on 16th November, 2017 on the above shares for the year 2017-18.
We would request you to kindly take the above information on record.
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