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Last Updated : May 31, 2016 01:17 PM IST | Source: Moneycontrol.com

Real Growth Commercial Enterprises: Outcome of board meeting

Real Growth Commercial Enterprises Ltd has informed BSE that the Board of Directors of the Company the Board of Directors of the Company at its meeting held on May 30, 2016, has not recommended any dividend on the equity shares of the Company.

 
 
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Real Growth Commercial Enterprises Ltd has informed BSE that the Board of Directors of the Company the Board of Directors of the Company at its meeting held on May 30, 2016, (concluded at 9:00 p.m.), inter alia:1. The Board has not recommended any dividend on the equity shares of the Company.2. The Board has proposed the dividend on fully paid 2% Cumulative Redeemable Preference Shares as per the terms of issue subject to approval of members in the ensuing Annual General Meeting.3. Authorisation to Mr. Prashant Gupta, the Chief Financial Officer of the Company, for the purpose of determining materiality of an event or information and for the purpose of making disclosures to stock exchange(s) under Regulation 30(5) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.Source : BSE

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First Published on May 31, 2016 01:17 pm
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