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Friday, February 25, 2011

Areva T&D India Ltd: Board recommends Dividend

Areva T&D India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 25, 2011, inter alia, have recommended Dividend at the rate of 90% (Rs. 1.80/- per share) for the year ended December 31, 2010, subject to approval of the shareholders.

The Company has further informed that at the same meeting, Mr. C.M.A Nayar, Director, had submitted his resignation from the Board, which was duly accepted.

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