Board approves Second Interim Dividend & proposed Sub-Division

CRISIL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 20, 2011, inter alia, had approved the following;

1. Payment of second interim dividend of Rs. 27.50 per share of the nominal value of Rs. 10/- each for the financial year ended December 31, 2011.

2. The proposal for sub-division of the nominal value of the equity shares of the Company from Rs. 10 each to the nominal value of Re. 1 each, and consequential amendments to the Capital Clauses in the Memorandum and Articles of Association of the Company, subject to requisite approval of the members being obtained by the Company. The Company proposes to seek consent of the Shareholders for the aforesaid by a Postal Ballot.

Source : BSE - >www.bseindia.com

Published on July 20, 2011
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