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 Corporate - Dividend Announcement
VBC Ferro recommends 20%

Hyderabad, July 18

The board of directors of VBC Ferro Alloys Ltd recommended 20 per cent dividend on 41.94 lakh equity shares of Rs 10 each for the financial year ending March 31, 2008. The company accorded approval for proposal for raising resources by way of rights issue, subject to the approval of the members and all other regulatory authorities, according to a release.

—Our Bureau

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