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JK Paper to pay 20 pc dividend

Our Bureau

New Delhi , Aug. 23

JK Paper Ltd has announced an increased dividend of 20 per cent for the financial year ended June 2005, as against 15 per cent last year.

The Managing Director, Mr Harsh Pati Singhania, said the company had more than doubled the profit available to equity shareholders in the current year, largely due to financial restructuring during the previous year.

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