24th-May-2012 08:24
Source: NSE
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2012, inter alia, has recommended Final Dividend of Rs. 2.50/- (Two Rupees and Fifty Paisa only) per share (on the face value of Rs. 10/- each) for the Financial Year 2011-12, subject to approval of the Shareholders in the ensuing Annual General Meeting. The total dividend (including Interim Dividend) for the Financial Year 2011-12 is Rs. 7.50/- per share (on the face value of Rs. 10/- each). The Final Dividend of Rs. 2.50/- per share, if declared at the ensuing Annual General Meeting, would be paid to the shareholders within 30 days from the date of AGM.