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May 31, 2011, 01.13 PM IST | Source: Moneycontrol.com

Choice International declares final dividend at Re 1 per share

Choice International at its meeting held on May 30, 2011 has declared final dividend at Re 1 per share for the financial year ended Match 31, 2011 .

Choice International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2011, inter-alia, has considered and transacted the following business:1. The Board has considered and recommended the Final Dividend @ 10% i.e. Rs. 1/- per Equity Share for the financial year ended Match 31, 2011 subject to the shareholders' approval in the ensuing Annual General Meeting.2. The Board has appointed Dr. K. M. Bhattacharya and Mr. Deb Kumar Goswami as Additional directors of the company under section 260 of the Companies Act, 1956.3. The Board has discussed in details the expansion plans of Subsidiary and Associates Companies and further capital inflows required by them.Source : BSE

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