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Moneycontrol.com >> Message Board >> View Messages >> Indian Hotels
   You are here :     Moneycontrol     MMB      Stocks      Indian Hotels
A promise is a Promise ??? (4)   08-May-08 10:56Tracked by (0)  
Posted by:   aka1035 on ( 08-May-08 10:56 )
Price : BSE: Rs 116.50 ( -1.31 % ), NSE: Rs. 116.70 ( -1.14 % )
The share department of Indian Hotels has confirmed the following :-
1) The finalisation of Rights Allotment can take up to 10 more days .
2) Rights shares are not eligible for the 190% Interim Dividend.

How much better it would have been if the Legal Eagles of Indian Hotels had used their talent of

Interim Dividend ( unprecedented in its history )-----Last date Rights Extension------- One day earlier Record date for Dividend

on Orient Express rather than on their own shareholders.
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