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Hyderabad, June 27

Andhra Pradesh Paper Mills Ltd has told the BSE that its board at a meeting today has recommended a dividend of Re 1 per share on 2,57,33,555 equity shares of Rs 10, including equity shares allotted on April 11, 2007 aggregating to Rs 2,57 crore for the year ended March. Further, the company has said that the board has also decided to delist its equity shares from the Hyderabad stock exchange, subject to approval of the members at the coming 43rd AGM. – Our Bureau

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AP Paper Mills to pay Re 1

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