[Attachment(s) from Maverick included below]
English Indian Clays Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 18, 2010, inter alia, has recommended the following items for approval of the shareholders at the Annual General Meeting to be held on June 29, 2010:- 1. A final dividend @ Rs. 5/- per Equity Share of Rs. 10/- each. An interim dividend @ Rs. 5/- per Equity Share has already been paid by the Company during the year. 2. Sub-division of 1 (one) Equity Share of Rs. 10/- each fully paid up into 5 (five) Equity Shares of Rs. 2/- each fully paid up. 3. Issue of Bonus Shares in the ratio of 5:4 i.e. issue of 5 Equity Shares of Rs. 2/- each for every 4 Equity Shares of Rs. 2/- each held. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. |
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Attachment(s) from Maverick
1 of 1 File(s)
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http://in.groups.yahoo.com/group/investwise/
INVESTMENTS IN INDIA
We are low-risk, long-term investors.
Stocks, mutual funds and the entire investment gamut. Only financing/investment avenues in India will be discussed.
For any assistance, questions or improvement ideas, contact investwise-owner@yahoogroups.co.in
****************************************************************
NEW! ==== Check our LINKS and FILES sections for a world of information. REGULARLY UPDATED.
NEW! ==== Check "Tracklist" in Links and Files sections for Investment Ideas.
****************************************************************
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