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Board recommends Dividend

| Updated on February 05, 2016 Published on February 05, 2016

DIC India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 05, 2016, inter alia, has recommended the payment of dividend for the financial year ended December 31, 2015 at the rate of Rs. 4.00 per share (FY 2014 - Rs. Nil per share) on the capital of 9,178,977 equity shares of Rs. 10/- each.

The dividend amounting to Rs. 36,715,908.00, if approved by the shareholders, shall be paid to those shareholders whose names appear in the Register of Members as on April 22, 2016. In respect of shares held in the electronic mode, the dividend will be paid on the basis of the beneficial ownership of shares as provided by National Securities Depository Limited and Central Depository Services (I) Limited as at the end of the business hours on April 15, 2016.

Source : BSE - >www.bseindia.com

Published on February 05, 2016
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