28th-May-2011 12:23Source: BSE

Rajapalayam - Board recommend Dividend & Bonus Shares

Rajapalayam Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2011, inter alia, has recommended the following:

1. Dividend of Rs. 15/- per share (comprising of a Dividend Rs. 7.50/- per share and a Special Platinum Jubilee Dividend of Rs. 7.50/- per share).

2. Issue of Bonus Shares in the ratio of 1:1.