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 Corporate - Dividend Announcement
Pennar Ind declares 20% dividend

Hyderabad, July 3

Pennar Industries recommended a dividend of 20 per cent, amounting to Rs 1 an equity share of Rs 5 each. The board of directors of the company in a statement here said the company posted its best ever performance with a sales turnover of Rs 730 crore, gross profit of Rs 76 crore and net profit of Rs 38.1 crore for 2008-09, with annualised EPS of Rs 4.39 for an equity share of Rs 5 each.

— Our Bureau

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