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    HomeNewsBusinessAnnouncementsIndia Nippon Electricals declares third interim dividend at Re 1 per share

    India Nippon Electricals declares third interim dividend at Re 1 per share

    India Nippon Electricals at its meeting held on May 27, 2011 has declared third interim dividend at Re 1 per share.

    June 01, 2011 / 19:37 IST
       
       
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      India Nippon Electricals Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 27, 2011 has decided to declare a third interim dividend of Re.1.00 per share. On 80,79,080 equity shares the will absorb an amount of Rs.80,79,080. Together with the first interim dividend of Rs.5 per share declared in December 2010 and second interim dividend of Rs.3.50 per share declared in March 2011, the total dividend so far declared for the year ended March 31, 2011 would work out to Rs.9.50 per share. The Board also decided to treat the aggregate dividend of Rs.9.50 per share as final for the year and recommend to the General Meeting of the Company.Source : BSE

      Read all announcements in India Nippon

      first published: Jun 1, 2011 07:37 pm

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