Financial Daily from THE HINDU group of publications
Friday, Aug 06, 2004
Financial Daily from THE HINDU group of publications Friday, Aug 06, 2004 |
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Info-Tech
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Software Mastek to pay Rs 3 Our Bureau
Mumbai , Aug. 5 THE board of directors of Mastek Ltd has proposed a dividend at Rs 3 per share (face value of Rs 5), according to a company notification to the Bombay Stock Exchange. The annual book closure has been fixed for September 16-20, inclusive of both days and the annual general meeting has been scheduled on September 20. The board has recommended that the limit of investment made by FIIs/OCBs/NRIs under the Portfolio Investment Scheme be increased to 49 per cent of the company's paid-up capital subject to the approval of the shareholders and the Reserve Bank of India and any other statutory approvals. It has also recorded the closure of buy-back of equity shares with effect from Thursday, informed the notification.
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